Refer to the figure below. The socially optimal quantity in this market could be achieved by imposing a ______ equal to the vertical distance ______.
A)tax; LN
B)subsidy; LN
C)tax; LM
D)subsidy; LM

Question

Refer to the figure below. The socially optimal quantity in this market could be achieved by imposing a ______ equal to the vertical distance ______. 
A)tax; LN 
B)subsidy; LN 
C)tax; LM 
D)subsidy; LM

Quizplus · Accepted Answer

The Answer of Refer to the figure below. The socially optimal quantity in this market could be achieved by imposing a ______ equal to the vertical distance ______. 
A)tax; LN 
B)subsidy; LN 
C)tax; LM 
D)subsidy; LM

Refer to the Figure Below