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helpmeplease1 helpmeplease1
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A year ago
Regulation

The graph shows the marginal cost (MC), the marginal benefit (MB), and the marginal social benefit (MSB) of getting a flu shot.
 
Assume that P1=$1.65, P2=$4.00, P3=$6.00, P4=$8.35, Q1=320 and Q2=765. Suppose the government regulates the market to achieve economic efficiency. What is the economically efficient price? What price do consumers pay?

▸ $1.65, $6.00

▸ $4.00, $8.35

▸ $6.00, $1.65

▸ $8.35, $4.00
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Macroeconomics

Macroeconomics


Edition: 3rd
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carducbcarducb
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helpmeplease1 Author
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A year ago
You make an excellent tutor!
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Cdfields
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Good timing, thanks!
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