Question: Use the following supply and demand graph to answer the question below. In the graph, line S is the current supply of this product, while

Use the following supply and demand graph to answer the question below. In the graph, line S is the current supply of this product, while line S1 is the optimal supply from the society's perspective. This figure suggests that there is (are) Multiple Choice external benefits from the production of this product. external costs from the production of this product. currently an underallocation of resources toward producing this good. positive externalities from producing the good

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