Multiple Choice
-The above figure shows the marginal social benefit and marginal social cost curves of coffee in the nation of Kaffenia. There is no external cost. What is the marginal cost to the economy of Kaffenia of producing the four hundredth pound of coffee each day?
A) $.50 per pound
B) $1.00 per pound
C) $2.00 per pound
D) $4.00 per pound
Correct Answer:

Verified
Correct Answer:
Verified
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