Figure 10-13

Multiple Choice

Figure 10-13. On the graph, Q represents the quantity of plastics and P represents the price of plastics.
-Refer to Figure 10-13. If 325 units of plastics are produced and consumed, then the

A) social optimum has been reached.
B) market equilibrium has been reached.
C) government must have imposed a corrective tax to guide the market to this outcome.
D) government must have offered a corrective subsidy to guide the market to this outcome.