At the Quantity of 200 Cartons of Apples, the Marginal

question 62

Multiple Choice

At the quantity of 200 cartons of apples, the marginal social benefit of a carton of apples is $100 and the marginal social cost is $50. To produce the efficient quantity of apples,

• A) fewer apples should be produced.
• B) there should be no change in the amount of apples produced.
• C) more apples should be produced.
• D) More information on the willingness of consumers to purchase apples is needed to determine the efficient level of apples.