If the social marginal cost of a good is very high relative to the private marginal cost,then a monopoly will most likely
A) produce more than the social optimum.
B) produce less than the social optimum.
C) produce the social optimum.
D) produce zero pollution.

Question

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The Answer of If the social marginal cost of a good is very high relative to the private marginal cost,then a monopoly will most likely
A) produce more than the social optimum.
B) produce less than the social optimum.
C) produce the social optimum.
D) produce zero pollution.

If the Social Marginal Cost of a Good Is Very