Which of the following statements is most correct about a market that is characterised by a negative production externality? Question 18 Not yet saved Marked out of F Flag question Select one: a. the equilibrium quantity of output is equal to the socially optimal quantity • b. the equilibrium quantity of output is greater than the socially optimal quantity c.government intervention is only required for negative externalities d. the equilibrium quantity of output is less than the socially optimal quantity o