(Figure: Output Levels II) The socially optimal output level could be achieved by a government quota of:
A) approximately 212 units of electricity.
B) 175 units of electricity.
C) 100 units of electricity.
D) 250 units of electricity.

Question

(Figure: Output Levels II) The socially optimal output level could be achieved by a government quota of: 
A) approximately 212 units of electricity. 
B) 175 units of electricity. 
C) 100 units of electricity. 
D) 250 units of electricity.

Quizplus · Accepted Answer

The Answer of (Figure: Output Levels II) The socially optimal output level could be achieved by a government quota of: 
A) approximately 212 units of electricity. 
B) 175 units of electricity. 
C) 100 units of electricity. 
D) 250 units of electricity.

(Figure: Output Levels II) the Socially Optimal Output Level Could