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12) Refer to Table 16.3.1. The table shows marginal private benefit and the marginal social benefit from the consumption of chemical fertilizer and the marginal

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12) Refer to Table 16.3.1. The table shows marginal private benefit and the marginal social benefit from the consumption of chemical fertilizer and the marginal social cost of the production of fertilizer. If production is left to the private market, the market price is A} $70 a unit. B) $60 a unit. C) $50 a unit. D} $40 a unit. E) $30 a unit

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