-The Figure Above Shows the Marginal Social Cost Curve of Generating

question 105

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 Coase theorem can be used in this market, output equals ________ kilowatt hours per day.

• A) more than 200 billion
• B) 200 billion
• C) 0
• D) 100 billion
• E) 150 billion