15 ) Based on the data in the above table , to assure that the efficient amount is produced the government can   A ) tax or subsidize the suppliers $2 per unit. B ) tax suppliers $3 per unit. C ) subsidize the suppliers $3 per unit. D ) tax suppliers $4 per unit

Principles of Economics 2e
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Publisher:Steven A. Greenlaw; David Shapiro
Chapter16: Information, Risk, And Insurance
Section: Chapter Questions
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15 ) Based on the data in the above table , to assure that the efficient amount is produced the government can

 

A ) tax or subsidize the suppliers $2 per unit.

B ) tax suppliers $3 per unit.

C ) subsidize the suppliers $3 per unit.

D ) tax suppliers $4 per unit.

Marginal privateMarginal private
Quantity (units) cost (dollars per benefit (dollars
unit)
per unit)
500
54
14
550
6 a
12
600
10
10
650
8
700
6
78
9
Marginal
Marginal social
benefit
social cost
(dollars per unit) (dollars per unit)
6
14
8
12
10
10
12
8
14
6
Co
Transcribed Image Text:Marginal privateMarginal private Quantity (units) cost (dollars per benefit (dollars unit) per unit) 500 54 14 550 6 a 12 600 10 10 650 8 700 6 78 9 Marginal Marginal social benefit social cost (dollars per unit) (dollars per unit) 6 14 8 12 10 10 12 8 14 6 Co
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