Use the Table Below to Answer the Following Questions

question 35

Multiple Choice

Use the table below to answer the following questions.
Table 16.2.1

-Refer to Table 16.2.1. Given in the table are the marginal private cost and the marginal social cost of the production of chemical fertilizer and the marginal social benefit from the consumption of fertilizer. If the market is unregulated, the market price is

• A)$10 a unit.
• B)$20 a unit.
• C)$30 a unit.
• D)$40 a unit.
• E)$50 a unit.

---

Definitions:

Lessee

A person or entity who leases or rents property from another called the lessor.

Patent Holder

An individual or entity that legally owns the rights to an invention as recognized by a patent.

Assignee

An individual or entity to whom rights or interests have been transferred by another, known as the assignor.

Assignor

A person or entity that transfers rights or interests in a contract or property to another party, known as the assignee.