Question: refer to link :) http://bit.ly/2CkjkEr The following graph represents the market for high-emissions cars. Answer this question assuming that the externality is not internalised. What

refer to link :)

http://bit.ly/2CkjkEr

The following graph represents the market for high-emissions cars. Answer this question assuming that the externality is not internalised.

What is the social value of the last unit traded in the market?

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P1

P2

P3

P4

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