-In the above figure, to achieve efficiency the government could offer a subsidy to producers of ________ per vaccination so that consumers would pay ________ per vaccination.
A) $20; $20
B) $30; $10
C) $20; $10
D) $30; $40

Question

-In the above figure, to achieve efficiency the government could offer a subsidy to producers of ________ per vaccination so that consumers would pay ________ per vaccination.
A) $20; $20 
B) $30; $10 
C) $20; $10 
D) $30; $40

Quizplus · Accepted Answer

A subsidy of $20 per vaccination would reduce the price consumers pay from $30 to $10, achieving efficiency by encouraging more vaccinations.

-In the Above Figure, to Achieve Efficiency the Government Could