Question: In Figure 17.1, explain why area D + E + H is the externality cost difference between the social optimum and the private equilibrium? Figure

In Figure 17.1, explain why area D + E + H is the externality cost difference between the social optimum and the private equilibrium?
Figure 17.1: Welfare Effects of Pollution in a Competitive Market

In Figure 17.1, explain why area D + E + H is
the externality cost difference between the social optimum and the private equilibrium?Figure

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