-In the above table, the efficient quantity of brownies is produced when the price of a brownie is equal to
A) 0.
B) 40¢.
C) 60¢.
D) 80¢.

Question

-In the above table, the efficient quantity of brownies is produced when the price of a brownie is equal to
A) 0. 
B) 40¢. 
C) 60¢. 
D) 80¢.

Quizplus · Accepted Answer

The efficient quantity is produced when the price equals the marginal cost, which is typically represented by the equilibrium price in a competitive market. Here, 60¢ is likely the equilibrium price where supply meets demand efficiently.

-In the Above Table, the Efficient Quantity of Brownies Is