The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province:

-Refer to the above information to answer this question.In an effort to increase the number of daycare spaces,suppose the authorities give parents a subsidy of $150 for each child registered.What will be the new equilibrium fee?
A)$350.
B)$450.
C)$500.
D)$550.
E)$600.

Question

The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province:
 
-Refer to the above information to answer this question.In an effort to increase the number of daycare spaces,suppose the authorities give parents a subsidy of $150 for each child registered.What will be the new equilibrium fee?
A)$350. 
B)$450. 
C)$500. 
D)$550. 
E)$600.

Quizplus · Accepted Answer

The Answer of The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province:
 
-Refer to the above information to answer this question.In an effort to increase the number of daycare spaces,suppose the authorities give parents a subsidy of $150 for each child registered.What will be the new equilibrium fee?
A)$350. 
B)$450. 
C)$500. 
D)$550. 
E)$600.

The Following Table Shows the Marginal Private Benefits and Marginal