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-Refer to the Above Figure

Question 96

Multiple Choice

-Refer to the above figure. The market equilibrium quantity is Q₁. Point Q₂ represents the optimal amount of production. This indicates that there is A) a public good which should be produced. B) regressive taxation of the product. C) a positive externality. D) a negative externality.
-Refer to the above figure. The market equilibrium quantity is Q₁. Point Q₂ represents the optimal amount of production. This indicates that there is


A) a public good which should be produced.
B) regressive taxation of the product.
C) a positive externality.
D) a negative externality.

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