The following table gives the private marginal benefits (MB) and private marginal costs (MC) for the production of chickens. Chicken manure has a high phosphorous content and during heavy rainstorms, the phosphorous washes into rivers and streams creating a negative externality (pollution). The marginal external cost (MEC) equals $0.60 per chicken

Question 21 3.33 pts The following table gives the private marginal benefits (MB) and private marginal costs (MC) for the production of chickens. Chicken manure has a high phosphorous content and during heavy rainstorms, the phosphorous washes into rivers and streams creating a negative externality (pollution). The marginal external cost (MEC) equals $0.60 per chicken. MB Q of chickens MC $5 $3.40 $4.85 2 $3.45 $4.70 3 $3.50 $4.55 4 $3.55 $4.40 5 $3.60 $4.25 16 $3.65 $4.10 7 $3.70 $3.75 8 $3.75 $3.50 19 $3.85 Accounting for the negative externality associated with chicken production, the socially efficient quantity of chickens to produce and consume is ____. The socially efficient quantity could be achieved by imposing a tax equal to __per chicken. O Q=8; tax=$0.60 O Q=6; tax=0.75 O Q=6; tax=0.60 O A=4; tax=$1.00