-The schedules in the table give the marginal social benefit and marginal social cost of a DVD. If there are no external benefits or external costs, the efficient number of DVDs to produce is _______ a week.

Question

Quizplus · Accepted Answer

The efficient number of DVDs to produce is where the marginal social benefit equals the marginal social cost. If there are no external benefits or costs, this occurs at the quantity where these two values are equal, which is 3 DVDs per week.

-The Schedules in the Table Give the Marginal Social Benefit