For health care, the perceived marginal benefit ________ the marginal social benefit.
A) is less than
B) is greater than
C) is equal to
D) cannot be compared to
Question 2
The unregulated, single-price monopolist illustrated in the figure above will set a price of
A) 2.00 per unit.
B) 6.00 per unit.
C) 8.00 per unit.
D) 10.00 per unit.