The following figure illustrates the demand and supply of decorative light bulbs in a perfectly competitive market.

-Refer to the figure above.What is the maximum possible social surplus?
A) $100
B) $150
C) $225
D) $375

Question

The following figure illustrates the demand and supply of decorative light bulbs in a perfectly competitive market.
 
-Refer to the figure above.What is the maximum possible social surplus?
A) $100 
B) $150 
C) $225 
D) $375

Quizplus · Accepted Answer

The Answer of The following figure illustrates the demand and supply of decorative light bulbs in a perfectly competitive market.
 
-Refer to the figure above.What is the maximum possible social surplus?
A) $100 
B) $150 
C) $225 
D) $375

The Following Figure Illustrates the Demand and Supply of Decorative