Table 17-7 The Information in the Table Below Shows the Total Demand

Multiple Choice

Table 17-7
The information in the table below shows the total demand for internet radio subscriptions in a small urban market. Assume that each company that provides these subscriptions incurs an annual fixed cost of $20,000 (per year) and that the marginal cost of providing an additional subscription is always $16.
-Refer to Table 17-7. The socially efficient level of output supplied to this market is

A) 4,000
B) 5,000
C) 6,000
D) 8,000