Figure: Negative Externalities and Raising Pigs for Pork (Figure: Negative Externalities and Raising Pigs for Pork) Refer to the figure Negative Externalities and Raising Pigs for Pork.If the marginal external cost of raising a pig for pork is $400, then the socially optimal quantity of pigs to raise is and
The socially optimal price is _.
A)150; $900
B)200; $800
C)250; $700
D)300; $1,200

Question

Figure: Negative Externalities and Raising Pigs for Pork   (Figure: Negative Externalities and Raising Pigs for Pork) Refer to the figure Negative Externalities and Raising Pigs for Pork.If the marginal external cost of raising a pig for pork is $400, then the socially optimal quantity of pigs to raise is and
The socially optimal price is _.
A)150; $900 
B)200; $800 
C)250; $700 
D)300; $1,200

Quizplus · Accepted Answer

The Answer of Figure: Negative Externalities and Raising Pigs for Pork   (Figure: Negative Externalities and Raising Pigs for Pork) Refer to the figure Negative Externalities and Raising Pigs for Pork.If the marginal external cost of raising a pig for pork is $400, then the socially optimal quantity of pigs to raise is and
The socially optimal price is _.
A)150; $900 
B)200; $800 
C)250; $700 
D)300; $1,200