Question 26 Not yet answered Points out of 1.00 Barbeque Beach allows bonfires (b ) for a fee of $10 per bonfire which is equal to the marginal social cost per bonfire, and currently places no limits on the number of bonfires on the beach. The value of the beach decreases as it gets more crowded, such that the value is given by u(b) = 2506 - 462. How should the bonfire fee be adjusted in order to achieve the social optimum? O a. Leave the fee at $10 O b. Increase the fee by $80 O c. Increase the fee by $120 O d. Increase the fee by $50