Table 17-9 The Table Shows the Demand Schedule for a Particular Product

question 287

Multiple Choice

Table 17-9
The table shows the demand schedule for a particular product.
-Refer to Table 17-9. If the marginal cost of production in this market is $4, what is the socially efficient quantity of output?

• A)3 units
• B)4 units
• C)5 units
• D)6 units

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