Answers
D. $250
Reason :
![1) Socially optimal Price = $15 Quantity = $50 scappuy ( 11PC) 7-The supply falls with importhan of tan i from MPe to Mse] -](https://i.imgur.com/USY3c2V.jpeg)
Note: Reasoning is given in the answer .
1) Socially optimal Price = $15 Quantity = $50 scappuy ( 11PC) 7-The supply falls with importhan of tan i from MPe to Mse] - Hight price causes the quantity to fall and reduced negative entermelity, hence Soually optimal level of 10 Demand (me) Burling Price and quantity shaded Area & → Consumer surplus at sually optimal p and er is the { x 50(25-15) $250 a Area es = 25 X10 s CS Scanned with CamScanner
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