-The Tables Above Show the Marginal Costs and Benefits from Production

Multiple Choice

-The tables above show the marginal costs and benefits from production of paper. If the market is perfectly competitive and unregulated, the

A) allocation of resources is efficient.
B) market equilibrium produces 800 tons more than the efficient amount.
C) market equilibrium produces 1,600 tons more than the efficient amount.
D) market equilibrium produces 800 tons less than the efficient amount.