Econs

The figure shows the market for rice. The efficient quantity of rice equals $30 lu A. 30 billion pounds. $25 O B. 20 billion pounds. O C. less than 20 billion pounds, but without more $20 information it is not possible to determine the efficient quantity. O D. more than 30 billion pounds, but without more $15 information it is not possible to determine the efficient quantity. $10 V $5 D X O 5 10 15 20 25 30 Quantity (billions of pounds per year)