Information \\7 Flag question Use this figure for questions 12-13 Social MC Private MC Price (equals MR) Price or Cost (dollars per unit) 55 -- Quantity Question 12 Not yet answered Points out of 1 .00 \\'7 Flag question In above, there are no external costs, the rate of output will be: Select one: Oa. Less than 100 units. Ob. 100 units. QC. 160 units. Od. Greater than 160 units. Question 13 Not yet answered Points out of 1 .00 r7 Flag question In figure above, if the rate of output is 160 units: Select on e: Oa. Social costs exceed private costs. Ob. There is market failure. Oc. Pollution costs (for example) are external. Od. All of the above