Figure 10-1 -Refer to Figure 10-1. This Graph Represents the Tobacco Industry

Multiple Choice

Figure 10-1
-Refer to Figure 10-1. This graph represents the tobacco industry. The socially optimal price and quantity are

A) $1.90 and 38 units, respectively.
B) $1.80 and 35 units, respectively.
C) $1.60 and 42 units, respectively.
D) $1.35 and 58 units, respectively.