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Article Link: https://bit.ly/3fbNtrF The following graph provides a stylised representation of the effects of the policy proposed by the government to correct for the externality

Article Link: https://bit.ly/3fbNtrF

The following graph provides a stylised representation of the effects of the policy proposed by the government to correct for the externality (in the graph, S2 is the supply curve after the policy is implemented).

Price of high emissions vehicles A X :0 NO Wo D + D - Social F- - - - - - - Value 0 Qy Quantity of high emissions vehicles

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