-In the Above Figure, If the Market Is Competitive and Unregulated

question 115

Multiple Choice

-In the above figure, if the market is competitive and unregulated, then at the equilibrium amount of output the marginal social benefit is

• A) less than the marginal cost to producers.
• B) greater than the marginal social cost.
• C) equal to the marginal cost to producers.
• D) equal to the marginal private benefit from consumption.