QUESTION 15 (multiple choice)

D Question 15 1 pts The inverse demand function for crabits is P = 50 - 0.5Q. The private marginal cost of producing crabits is a constant $10 per unit. Production of crabits generates a marginal external cost which is described by the function MEC = 0.3Q. where Q is the quantity of crabits produced. If the government taxed the production of crabits, which of the following tax rates would result in the socially efficient quantity of crabits being produced and consumed? $210 per crabit $15 per crabit $24 per crabit $10 per crabit $3 per crabit $0 per crabit