Figure: Positive Externalities and the Production of Semiconductor Chips (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips.If the marginal external benefit of producing a chip is $10, then the socially optimal quantity of chips is ________ and the socially optimal price is _.
A)200; $20
B)300; $25
C)500; $35
D)600; $20

Question

Figure: Positive Externalities and the Production of Semiconductor Chips  (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips.If the marginal external benefit of producing a chip is $10, then the socially optimal quantity of chips is ________ and the socially optimal price is _.
A)200; $20 
B)300; $25 
C)500; $35 
D)600; $20

Quizplus · Accepted Answer

The Answer of Figure: Positive Externalities and the Production of Semiconductor Chips  (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips.If the marginal external benefit of producing a chip is $10, then the socially optimal quantity of chips is ________ and the socially optimal price is _.
A)200; $20 
B)300; $25 
C)500; $35 
D)600; $20