Due to the release of air pollutants during the production of plastic cotainers, the following option will take place in the market for the containers.
C. the marginal social cost curve is above and to the left of the supply curve.
A supply curve is a graphical representation of the relationship between the price of a commodity or service and the quantity of that good or service available at any given time. The price is shown on the vertical axis on the left side of the supply curve graph, and the quantity of items is shown on the horizontal axis at the bottom. The supply schedule, a table stating the quantity supplied at each price, is where the data used to draw the supply curve is taken from.
The amount of a resource that businesses, producers, workers, providers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person is known as supply in economics.
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