-In the above figure
A) marginal social cost equals marginal social benefit when 300,000 purses are produced.
B) 500,000 purses should be sold for $50 each for an efficient outcome.
C) it is impossible to determine the efficient quantity of purses.
D) None of the above answers is correct.

Question

-In the above figure
A) marginal social cost equals marginal social benefit when 300,000 purses are produced. 
B) 500,000 purses should be sold for $50 each for an efficient outcome. 
C) it is impossible to determine the efficient quantity of purses. 
D) None of the above answers is correct.

Quizplus · Accepted Answer

Marginal social cost equals marginal social benefit when 300,000 purses are produced.

-In the Above Figure