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(Figure: Market 3) Use the Graph to Answer the Question

Question 56

Multiple Choice

(Figure: Market 3) Use the graph to answer the question.
The graph shpws the marginal social cost, demand, and supply curves in the salad dressing market. In this market, the socially optimal output is _____, and the market-determined output is _____.
(Figure: Market 3) Use the graph to answer the question. The graph shpws the marginal social cost, demand, and supply curves in the salad dressing market. In this market, the socially optimal output is _____, and the market-determined output is _____. A) 12; three B) four; eight C) eight; two D) eight; 12


A) 12; three
B) four; eight
C) eight; two
D) eight; 12

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