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Consider the following scenario: Shade Sunscreen Company produces 100 bottles of sunscreen per day and sells their sunscreen at $7 per bottle. Its output and
Consider the following scenario: Shade Sunscreen Company produces 100 bottles of sunscreen per day and sells their sunscreen at $7 per bottle. Its output and pricing decisions do not consider the external costs resulting from hazardous waste resulting from the production process. Now, suppose the government forces Shade Sunscreen to consider the external costs it creates by imposing taxes or fines. Which of the following quantity and price combinations would likely emerge? Select the best answer. Answer 2 Points Keypad Keyboard Shortcuts O A quantity of 1 10 and a price of $5 O A quantity of 90 and a price of $6 O A quantity of 85 and a price of $8 O A quantity of 100 and a price of $7
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