Question: Given the negative externality reflected in the above graph, what can we say about the price - output combination that we would get in a
Given the negative externality reflected in the above graph, what can we say about the price - output combination that we would get in a free (no govt intervention) market? Supporting Materials / The free market would result in P2, Q2 which is not optimal from societies` perspective. The free market would result in P1, Q1 which is not optimal from societies` perspective. The free market would result in P2, Q2 which is optimal from societies` perspective. The free market would result in P1, Q1 which is optimal from societies` perspective
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