-The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the efficient quantity of chocolate to produce each day?
A) zero
B) 100 pounds
C) 150 pounds
D) 250 pounds

Question

-The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the efficient quantity of chocolate to produce each day?
A) zero 
B) 100 pounds 
C) 150 pounds 
D) 250 pounds

Quizplus · Accepted Answer

The efficient quantity of chocolate is where the marginal social benefit equals the marginal social cost, which is typically at the intersection of the two curves.

-The Above Figure Shows the Marginal Social Benefit and Marginal