-In the Above Figure, 300,000 Purses Per Month Is

Multiple Choice

-In the above figure, 300,000 purses per month is

A) the efficient amount to produce because consumer surplus is maximized.
B) the efficient amount to produce because the sum of consumer surplus and producer surplus is maximized.
C) an inefficient amount to produce because consumer surplus is not maximized.
D) an inefficient amount to produce because the sum of consumer surplus and producer surplus is not maximized.