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-Refer to the Above Figure P1P _ { 1 } And Q1\mathrm { Q } _ { 1 }

Question 353

Multiple Choice

   -Refer to the above figure.What is the socially optimal point of production? A)   P _ { 1 }  and  \mathrm { Q } _ { 1 }  . B)   \mathrm { P } _ { 4 }  and  \mathrm { Q } _ { 1 }  . C)   P _ { 1 }  and  \mathrm { Q } _ { 4 }  . D)   \mathrm { P } _ { 3 }  and  \mathrm { Q } _ { 2 }  .
-Refer to the above figure.What is the socially optimal point of production?


A) P1P _ { 1 } and
Q1\mathrm { Q } _ { 1 } .
B) P4\mathrm { P } _ { 4 } and
Q1\mathrm { Q } _ { 1 } .
C) P1P _ { 1 } and
Q4\mathrm { Q } _ { 4 } .
D) P3\mathrm { P } _ { 3 } and
Q2\mathrm { Q } _ { 2 } .

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