Economic efficiency requires that a natural monopoly's price be set corresponding to the quantity where marginal revenue equals marginal cost

The table below gives the quantities and prices for 2010 and 2015 for an economy that produces just two goods: sailboats and coconuts.  Quantity producedPrice 2010201520102015Sailboats1020$500$525Coconuts2,0002,400$1$2For this economy that produces just sailboats and coconuts, and with 2010 is the base year, real GDP was approximately ________ times larger in 2015 than it was in 2010.

A. 1.77 B. 2.19 C. 1.34 D. 1.65

Behavioral economists and traditional economists both believe that everything matters.

Answer the following statement true (T) or false (F)