Answer Happy

question 15 only
give explanations please
if she spends all of her income? A) 18 B) 9 C) 24 D) 12 14) Currently tire producers must receive a price of $50 per tire to produce 5,000 tires. If the supply curve of t upward sloping, then to produce one additional tire, tire producers will need to receive a price of A) less than $50. B) $50. C) more than $50. D) $0. Marginal privateMarginal private Quantity (units) cost (dollars per benefit (dollars Marginal social benefit (dollars per unit) (dollars per unit) Marginal social cost unit) per unit) 500 54 14 6 14 550 6 a 12 8 12 600 7 10 10 10 10 650 8 (l 8 12 8 700 9 12 6 14 6 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. D) tax suppliers $4 per unit. C) subsidize the suppliers $3 per unit. 16) Gil can consume either pens or milkshakes. Both pens and milkshakes sell for $2. Gil finds that when his is spent, his marginal utility of pens will be 10 while his marginal utility of milkshakes will be 8. Gil coul pons and milkshakes