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Use the Figure Below to Answer the Following Questions

Question 19

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 16.2.1 -Refer to Figure 16.2.1.The figure shows the private marginal cost curve,the social marginal cost curve and the market demand curve.If the market is unregulated,then the price is A) P<sub>1</sub>. B) P<sub>4</sub>. C) below P<sub>1</sub>. D) P<sub>2</sub>. E) P<sub>3</sub>.
Figure 16.2.1
-Refer to Figure 16.2.1.The figure shows the private marginal cost curve,the social marginal cost curve and the market demand curve.If the market is unregulated,then the price is


A) P1.
B) P4.
C) below P1.
D) P2.
E) P3.

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