he graph shows the marginal social benefit, demand, and supply curves in the toothbrush market are in the graph. Market prces would yield a quantity of_ and a price of elect one: a. six; $6 b. four; $8 C. six; $2 O d. four: $4

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Consumers, Producers, And The Efficiency Of Markets
Section: Chapter Questions
Problem 8PA
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Price
Supply
$12
$10
$8
$6
$4
Marginal
social
benefit
$2
Demand
4
6
8
10
12
Quantity
The graph shows the marginal social benefit, demand, and supply curves in the toothbrush market are in the graph. Market
forces would yield a quantity of
and a price of
Select one:
a. six; $6
b. four; $8
C. six; $2
d. four: $4
Transcribed Image Text:Price Supply $12 $10 $8 $6 $4 Marginal social benefit $2 Demand 4 6 8 10 12 Quantity The graph shows the marginal social benefit, demand, and supply curves in the toothbrush market are in the graph. Market forces would yield a quantity of and a price of Select one: a. six; $6 b. four; $8 C. six; $2 d. four: $4
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