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Loraine Loraine
wrote...
Posts: 4563
8 years ago
When the government uses a private subsidy in a market with an external benefit, to reach the efficient quantity of production, the subsidy must be equal to the marginal
A) social benefit.
B) cost of production.
C) private benefit.
D) external benefit.
E) external cost.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 344 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
wrote...
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Posts: 5641
8 years ago
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Bosorio119

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wrote...
8 years ago
The textbook reference in your signature really helped me narrow it down.

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