-In the Above Table, If the Market Is Perfectly Competitive

Multiple Choice

-In the above table, if the market is perfectly competitive and unregulated, at the equilibrium output level

A) marginal private cost equals the marginal private benefit.
B) marginal private cost is less than the marginal private benefit.
C) marginal social cost equals the marginal private benefit.
D) marginal social cost is greater than the marginal private benefit.