When 2,000 Hamburgers Per Day Are Produced, the Marginal Social

question 25

Multiple Choice

When 2,000 hamburgers per day are produced, the marginal social benefit is $1.50 and the marginal social cost is $1.00. And when 7,500 hamburgers per day are produced, the marginal social benefit is $1.00 and the marginal social cost is $1.50. The efficient production quantity of hamburgers is ________ a day.

• A) more than 7,500
• B) 7,500
• C) between 2,000 and 7,500
• D) 2,000