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content area Part 1 In a small town, a rubber manufacturer produces air pollution. If the government does not intervene, the equilibrium price of rubber
content area Part 1 In a small town, a rubber manufacturer produces air pollution. If the government does not intervene, the equilibrium price of rubber will be __________, and the equilibrium quantity of rubber will be __________. A. greater than the socially optimal price, less than the socially optimal quantity B. less than the socially optimal price, greater than the socially optimal quantity C. less than the socially optimal price, less than the socially optimal quantity D. greater than the socially optimal price, greater than the socially optimal quantity E. equal to the socially optimal price, equal to the socially optimal quantity
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