Refer to the figure below. This diagram represents the tobacco industry. The socially optimal price and quantity exchanged are
A) €1.90 and 38 units.
B) €1.80 and 35 units.
C) €1.60 and 42 units.
D) €1.35 and 58 units.

Question

Refer to the figure below. This diagram represents the tobacco industry. The socially optimal price and quantity exchanged are 
A) €1.90 and 38 units. 
B) €1.80 and 35 units. 
C) €1.60 and 42 units. 
D) €1.35 and 58 units.

Quizplus · Accepted Answer

The Answer of Refer to the figure below. This diagram represents the tobacco industry. The socially optimal price and quantity exchanged are 
A) €1.90 and 38 units. 
B) €1.80 and 35 units. 
C) €1.60 and 42 units. 
D) €1.35 and 58 units.

Refer to the Figure Below