Refer to the information provided in Figure 16.2 below to answer the question(s) that follow. Figure 16.2
-Refer to Figure 16.2. The ________ amount of cars is 25.
A) efficient
B) unregulated
C) break-even
D) subsidized

Question

Refer to the information provided in Figure 16.2 below to answer the question(s) that follow.  Figure 16.2
-Refer to Figure 16.2. The ________ amount of cars is 25.
A) efficient 
B) unregulated 
C) break-even 
D) subsidized

Quizplus · Accepted Answer

The efficient amount of cars is the quantity where the marginal social benefit equals the marginal social cost, which is typically the optimal level of production in economic terms.

Refer to the Information Provided in Figure 16