Move the equilibrium outcome to the socially-optimal outcome

Reference no: EM13200766

How large would a corrective tax need to be to move this market from the equilibrium outcome to the socially-optimal outcome?

A. An amount equal to P' minus P.

B. An amount equal to P'.

C. An amount equal to P.

D. An amount equal to the external cost.

Reference no: EM13200766

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