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In the Following Figure, the First Panel Shows a Market

Question 25

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In the following figure, the first panel shows a market situation prior to regulation and the second panel shows the effects of regulation.Figure 14.2
In the following figure, the first panel shows a market situation prior to regulation and the second panel shows the effects of regulation.Figure 14.2    In the figure, D: Demand curve for automobiles S<sub>1</sub>: Supply curve of automobiles prior to regulation S<sub>2</sub>: Supply curve of automobiles after regulation FG: Clean up cost per unit -According to Figure 14.2, the total clean up cost after the regulation is the: A) area 0FIQ<sub>2</sub>. B) area 0FGQ<sub>1</sub>. C) area BEC. D) area BEP<sub>1</sub>. E) area BEGF. In the figure,
D: Demand curve for automobiles
S1: Supply curve of automobiles prior to regulation
S2: Supply curve of automobiles after regulation
FG: Clean up cost per unit
-According to Figure 14.2, the total clean up cost after the regulation is the:


A) area 0FIQ2.
B) area 0FGQ1.
C) area BEC.
D) area BEP1.
E) area BEGF.

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