-According to the above figure, if steel mills ignore the cost of pollution, the equilibrium quantity of steel will most likely be
A) Q1.
B) Q2.
C) Q2 - Q1.
D) none of the above.

Question

-According to the above figure, if steel mills ignore the cost of pollution, the equilibrium quantity of steel will most likely be
A) Q1. 
B) Q2. 
C) Q2 - Q1. 
D) none of the above.

Quizplus · Accepted Answer

If steel mills ignore the cost of pollution, they will produce at the private equilibrium quantity, which is typically represented as Q1 in such scenarios.

-According to the Above Figure, If Steel Mills Ignore the Cost