Question: Q: Using the demand and supply diagram below, determine the socially optimum outcomes for each situation below. Choose.. SSocial Costs Price Qb Sprivate Costs Pa

Q: Using the demand and supply diagram below, determine the socially

optimum outcomes for each situation below. Choose.. SSocial Costs Price Qb Sprivate

Q: Using the demand and supply diagram below, determine the socially optimum outcomes for each situation below. Choose.. SSocial Costs Price Qb Sprivate Costs Pa Pd Pb Pc Pa Pf P D Social Benefits Pb DPrivate Benents Pe Qc Qb Qa Quantity Qa Socially optimal quantity for a good with a negative externality is Choose... * Socially optimal price for a good with a positive externality is Choose... Socially optimal price for a good with a negative externality is Choose... $ Socially optimal quantity is for a good with a positive externality is Choose... *

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