Multiple Choice
-The figure above shows the marginal social cost curve of generating electricity,the marginal private cost curve,and the demand curve.If the market is competitive and unregulated,the equilibrium quantity is ________ billion kilowatt hours per day and the efficient quantity is ________ billion kilowatt hours per day
A) 150; 200
B) 200; 150
C) 0; 150
D) 250; 0
E) 150; 150
Correct Answer:
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