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Figure: Positive Externalities and the Production of Semiconductor Chips

Question 46

Multiple Choice

Figure: Positive Externalities and the Production of Semiconductor Chips Figure: Positive Externalities and the Production of Semiconductor Chips (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips.If the marginal external cost of producing a chip is $20, then the socially optimal quantity of chips is ________ and the socially optimal price is _. A) 200; $20 B) 300; $35 C) 500; $25 D) 600; $40 Figure: Positive Externalities and the Production of Semiconductor Chips (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips.If the marginal external cost of producing a chip is $20, then the socially optimal quantity of chips is ________ and the socially optimal price is _. A) 200; $20 B) 300; $35 C) 500; $25 D) 600; $40 (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips.If the marginal external cost of producing a chip is $20, then the socially optimal quantity of chips is ________ and the socially optimal price is _.


A) 200; $20
B) 300; $35
C) 500; $25
D) 600; $40

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