QUESTION 14 Figure 14.1 shows the market for nursery school places. Figure 14.1 Costs/ benefits £ P₁ Pe Qe MPB MPC=MSC M

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Question 14 Figure 14 1 Shows The Market For Nursery School Places Figure 14 1 Costs Benefits P Pe Qe Mpb Mpc Msc M 1 (53.64 KiB) Viewed 12 times

QUESTION 14 Figure 14.1 shows the market for nursery school places. Figure 14.1 Costs/ benefits £ P₁ Pe Qe MPB MPC=MSC MSB Quantity of nursery school places (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: 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