Solved

(Figure: Market 4) Use the Graph to Answer the Question

Question 108

Multiple Choice

(Figure: Market 4) Use the graph to answer the question.
The graph shows the marginal social benefit, demand, and supply curves in the toothbrush market. Market forces would yield a quantity of _____, whereas the socially optimal quantity is _____.
(Figure: Market 4)  Use the graph to answer the question. The graph shows the marginal social benefit, demand, and supply curves in the toothbrush market. Market forces would yield a quantity of _____, whereas the socially optimal quantity is _____.   A) four; six B) eight; 12 C) two; three D) 12; three


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions