Question 4 1 pts Figure 5-2: Shows a market with a negative externality. Price So = Marginal social cost Sy = Marginal private cost 4 Demand O Qd Qa QD Quantity 13) Refer to Figure 5-2. The marginal benefit of the last unit produced is represented by the price 1. A) Pa. 2. B) Pb. 3. C) Pc. 4. D) Pf.Question 4 1 pts Figure 5-2: Shows a market with a negative externality. Price So = Marginal social cost Sy = Marginal private cost 4 Demand O Qd Qa QD Quantity 13) Refer to Figure 5-2. The marginal benefit of the last unit produced is represented by the price 1. A) Pa. 2. B) Pb. 3. C) Pc. 4. D) Pf.Question 3 1 p 49) Health insurance companies impose deductibles on policies and co-payments on claims 1. A) to increase sales. 2. B) to reduce moral hazard problems. 3. C) to reduces sunk costs. 4. D) to increase prices.Question 3 1 p 49) Health insurance companies impose deductibles on policies and co-payments on claims 1. A) to increase sales. 2. B) to reduce moral hazard problems. 3. C) to reduces sunk costs. 4. D) to increase prices