Figure 14.1 shows the market for nursery school places. Which one of the following measures could a government introduce
Posted: Wed Jul 06, 2022 6:30 pm
Figure 14.1 shows the market for nursery school places.
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
- 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 14 times
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