Use the following to answer questions:
Figure: ABC Company
-(Figure: ABC Company) Refer to the figure. The figure depicts the market for a water cleaner for home aquariums. After use it gets washed down drains and enters into streams where it improves the mineral content of the water and thus leads to better water quality and better fish growth. If the users of the cleaner were given a subsidy to compensate them for the benefit they are creating for the ecological system, how much deadweight loss is removed from this market?
A) $2,400
B) $3,000
C) $3,600
D) $1,200
Correct Answer:
Verified
Q82: An external benefit is a benefit received
Q83: Use the following to answer questions:
Figure: Softella
Q84: Use the following to answer questions:
Figure: Market
Q85: Figure: Social Benefit Q86: Use the following to answer questions: Q88: In Market X, the external benefit of Q89: Use the following to answer questions: Q90: Fewer people get flu shots than is Q91: Use the following to answer questions: Q92: Use the following to answer questions:
Figure: ABC
Figure: Market
Figure: ABC
Figure: Softella
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