-The demand for bus service is perfectly elastic at a price of $1.00 a ride. The table above shows the bus company's marginal cost and the marginal social cost of the bus service. The competitive quantity of bus rides per week is _______.
A) 200
B) 100
C) 500
D) 300

Question

-The demand for bus service is perfectly elastic at a price of $1.00 a ride. The table above shows the bus company's marginal cost and the marginal social cost of the bus service. The competitive quantity of bus rides per week is _______.
A) 200 
B) 100 
C) 500 
D) 300

Quizplus · Accepted Answer

The Answer of 
-The demand for bus service is perfectly elastic at a price of $1.00 a ride. The table above shows the bus company's marginal cost and the marginal social cost of the bus service. The competitive quantity of bus rides per week is _______.
A) 200 
B) 100 
C) 500 
D) 300

-The Demand for Bus Service Is Perfectly Elastic at a Price