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The following graph (see link below) represents the market for high-emission cars. Answer the following questions assuming that the externality is not internalised. http://bit.ly/2CkjkEr Which

The following graph (see link below) represents the market for high-emission cars. Answer the following questions assuming that the externality is not internalised.

http://bit.ly/2CkjkEr

Which quantity is socially optimal (i.e. what is the efficient quantity)?

A.Q1

B.Q2

C.Q3

D.Q4

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