Figure 14.1 shows the market for nursery school places.
Figure 14 1 Shows The Market For Nursery School Places Which One Of The Following Measures Could A Government Introduce 1 (86.57 KiB) Viewed 12 times
Which one of the following measures could a government introduceto achieve the social optimum consumption of nursery school places?It could introduce a:
A. maximum price of 0P1 per unit
B. subsidy of RS per unit
C. tax of VT per unit
D. minimum price of 0P1 per unit
Figure 14.1 Costs/ benefits £ P₁ Pe 0 Qe R 20 Q₁ MPB MPC=MSC MSB Quantity of nursery school places
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