-In the above figure, the efficient quantity of magazines to produce per day is
A) 0, because that is where the marginal social benefit exceeds the marginal social cost by as much as possible.
B) more than 0 and less than 300,000 magazines.
C) 300,000 magazines.
D) more than 300,000 magazines.

Question

-In the above figure, the efficient quantity of magazines to produce per day is
A) 0, because that is where the marginal social benefit exceeds the marginal social cost by as much as possible. 
B) more than 0 and less than 300,000 magazines. 
C) 300,000 magazines. 
D) more than 300,000 magazines.

Quizplus · Accepted Answer

The efficient quantity is where the marginal social benefit equals the marginal social cost, which is typically at the equilibrium point, often represented by a specific quantity like 300,000 magazines.

-In the Above Figure, the Efficient Quantity of Magazines to Produce