Refer to the accompanying figure to answer the questions that follow.

-Refer to the accompanying table,where Q represents the quantity produced,internal cost and social cost are given for various quantities,and P represents the price consumers are willing to pay for various quantities.
The social optimum occurs where price is __________ and quantity is __________.
A) $70; 200
B) $50; 200
C) $60; 300
D) $80; 300
E) $60; 100
Correct Answer:
Verified
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