Due to externalities generated by home landscaping, its price A) is a
Due to externalities generated by home landscaping, its price
A) is above the optimal level, and quantity that is below the optimal level.
B) is below the optimal level, and quantity that is above the optimal level.
C) and quantity traded are both above the optimal level.
D) and quantity traded are both below the optimal level.
E) must fall in order for the market to reach equilibrium.
ANSWER
D
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