-When the market for gasoline in Motorland is in equilibrium, the market price of gasoline is ________ the marginal social cost.
A) $1.50 above
B) $1.50 below
C) equal to
D) $1.20 above

Question

-When the market for gasoline in Motorland is in equilibrium, the market price of gasoline is ________ the marginal social cost.
A) $1.50 above 
B) $1.50 below 
C) equal to 
D) $1.20 above

Quizplus · Accepted Answer

The Answer of 
-When the market for gasoline in Motorland is in equilibrium, the market price of gasoline is ________ the marginal social cost.
A) $1.50 above 
B) $1.50 below 
C) equal to 
D) $1.20 above

-When the Market for Gasoline in Motorland Is in Equilibrium