The dry cleaning business can be characterized as a perfectly competitive industry because the costs of entry are low and there are many dry cleaning shops. Dry cleaners, however, use a toxic solvent called perchloroethylene, which can contaminate soil and threaten water supplies.
1. If the disposal of this pollutant is unregulated, then which of the following statements about the dry cleaning market are correct?
A. There will be too much dry cleaning at a price greater than the true cost.
B. There will be an efficient quantity of dry cleaning at a price that reflects the true cost.
C. There will be too little dry cleaning at a price less than the true cost.
D. There will be too much dry cleaning at a price less than the true cost. BackNext

The correct answer is option (d)

Explanation:

From the given question which is described as follows:if the disposal of this pollutant is unregulated, then which of the following statements about the dry cleaning market are correct

The following statements are true if the negative externality or external has not been considered which would mean there is an overproduction at a price less or lesser than the true cost. This is to say that, the marginal social cost is greater than marginal private costs

Note: Kindly find  an attached diagram that is apart of a solution to this question

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )