QUESTION 14 Figure 14.1 shows the market for nursery school places. Figure 14.1 Costs/ benefits £ P₂ MPB MPC-MSC MSB Q₁
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QUESTION 14 Figure 14.1 shows the market for nursery school places. Figure 14.1 Costs/ benefits £ P₂ MPB MPC-MSC MSB Q₁
QUESTION 14 Figure 14.1 shows the market for nursery school places. Figure 14.1 Costs/ benefits £ P₂ MPB MPC-MSC MSB Q₁ Quantity of nursery school places A. maximum price of OP1 per unit B. subsidy of RS per unit C. tax of VT per unit D. minimum price of OP1 per unit (4 Marks) Which one of the following measures could a government introduce to achieve the social optimum consumption of nursery school places? It could introduce a: