Question: 3. Negative externalities - Suppose you wish to reduce a negative externality by imposing a tax on the activity that creates that externality. On a

3. Negative externalities - Suppose you wish to reduce a negative externality by imposing a tax on the activity that creates that externality. On a supply-demand diagram, please show the tax needed to correct the externality if the amount of externality produced rises as output rises. Assume that the marginal private cost curve slopes upward.

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