-In the figure above, what is the marginal social benefit of the 3,000,000th CD per month?
A) $11.00 per CD
B) $8.00 per CD
C) $6.00 per CD
D) None of the above answers is correct.

Question

-In the figure above, what is the marginal social benefit of the 3,000,000th CD per month?
A) $11.00 per CD 
B) $8.00 per CD 
C) $6.00 per CD 
D) None of the above answers is correct.

Quizplus · Accepted Answer

The marginal social benefit is the additional benefit to society from consuming one more unit of a good. In this context, the marginal social benefit of the 3,000,000th CD per month is given as $11.00 per CD.

-In the Figure Above, What Is the Marginal Social Benefit