QUESTION 14 Figure 14.1 shows the market for nursery school places. Figure 14.1 Costs/ benefits £ P₁ Pe Qe MPB MPC=MSC M
Posted: Wed Jul 06, 2022 6:29 pm
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