[Solved] -Refer to Figure 9

Question 87
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-Refer to Figure 9.10 to answer this question.Which of the following statements is correct regarding an unregulated competitive market?


A)Its price of P1 would be lower than a price that included all externalities.
B)Its price of P1 would be higher than a price that included all externalities.
C)Its price of P2 would be higher than a price that included all externalities.
D)Its price of P3 would be lower than a price that included all externalities.
E)Its price of P4 would be lower than a price that included all externalities.

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