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Figure: Negative Externalities and Raising Pigs for Pork

Question 7

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Figure: Negative Externalities and Raising Pigs for Pork Figure: Negative Externalities and Raising Pigs for Pork     (Figure: Negative Externalities and Raising Pigs for Pork)  Refer to the figure Negative Externalities and Raising Pigs for Pork.If the marginal external cost of raising a pig for pork is $400, then the socially optimal quantity of pigs to raise is and The socially optimal price is _. A) 150; $900 B) 200; $800 C) 250; $700 D) 300; $1,200 Figure: Negative Externalities and Raising Pigs for Pork     (Figure: Negative Externalities and Raising Pigs for Pork)  Refer to the figure Negative Externalities and Raising Pigs for Pork.If the marginal external cost of raising a pig for pork is $400, then the socially optimal quantity of pigs to raise is and The socially optimal price is _. A) 150; $900 B) 200; $800 C) 250; $700 D) 300; $1,200 (Figure: Negative Externalities and Raising Pigs for Pork) Refer to the figure Negative Externalities and Raising Pigs for Pork.If the marginal external cost of raising a pig for pork is $400, then the socially optimal quantity of pigs to raise is and
The socially optimal price is _.


A) 150; $900
B) 200; $800
C) 250; $700
D) 300; $1,200

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