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 private cost of the last unit produced and traded (or the private cost to the marginal seller) in the market?

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P1

P2

P3

P4

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