(Figure: Output Levels I) The output level under perfect competition is _____, while the socially optimal output level is _____.
A) 4; 3
B) 4; 5
C) 5; 4
D) 4; 6

Question

(Figure: Output Levels I) The output level under perfect competition is _____, while the socially optimal output level is _____. 
A) 4; 3 
B) 4; 5 
C) 5; 4 
D) 4; 6

Quizplus · Accepted Answer

The Answer of (Figure: Output Levels I) The output level under perfect competition is _____, while the socially optimal output level is _____. 
A) 4; 3 
B) 4; 5 
C) 5; 4 
D) 4; 6

(Figure: Output Levels I) the Output Level Under Perfect Competition