Question

In the following table, highlight, circle, or otherwise mark (in the Quantity column please) the socially...

In the following table, highlight, circle, or otherwise mark (in the Quantity column please) the socially optimal level of output.

Quantity

Price
($ per unit)

Marginal Private Cost

Marginal External Cost

0

100

0

0

1

95

10

5

2

90

20

10

3

85

30

15

4

80

40

20

5

75

50

25

6

70

60

30

7

65

70

35

8

60

80

40

0 0
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