The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the efficient quantity of chocolate to produce each day?

A variable measures

A) the degree to which something varies over time. B) something that always has the same value. C) something that can take on different values. D) factors that occur with high degrees of uncertainty.

After an increase in demand in a constant-cost industry, firms will find themselves with higher average cost curves

Indicate whether the statement is true or false