Multiple Choice
The inverse demand for energy-efficient refrigerators is P = 2,000 - 10Q, where Q measures refrigerators per month. The inverse supply of energy-efficient refrigerators is P = 10Q. Suppose the use of an energy-efficient refrigerator reduces carbon dioxide emissions, generating an external marginal benefit of $100. The socially optimal quantity of energy-efficient refrigerators is ____.
A) 130
B) 115
C) 105
D) 95
Correct Answer:
Verified
Correct Answer:
Verified
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