Multiple Choice
Suppose Campus Books, a profit-maximizing firm, is the only supplier of the textbook for a given class. The marginal cost of supplying each book is constant and equal to $10, and Campus Books has no fixed costs. The table shows the reservation prices of the eight students enrolled in the class.
What is the socially optimal number of books?
A) 8
B) 5
C) 6
D) 7
Correct Answer:

Verified
Correct Answer:
Verified
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