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09-05 Explain How Governments Try to Encourage Production of Goods

Question 92

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09-05 Explain how governments try to encourage production of goods and services;such as education;that carry external benefits.
09-18 Providing Subsidies
Added Y axis line.
09-05 Explain how governments try to encourage production of goods and services;such as education;that carry external benefits. 09-18 Providing Subsidies Added Y axis line. -Refer to the diagram above.Assuming a perfectly competitive market structure,what area represents the consumer surplus? A) AEB B) AEC C) AFC D) BED
-Refer to the diagram above.Assuming a perfectly competitive market structure,what area represents the consumer surplus?


A) AEB
B) AEC
C) AFC
D) BED

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