09-05 Explain how governments try to encourage production of goods and services;such as education;that carry external benefits.
09-18 Providing Subsidies
The following graph refers to a province's day care market which is in equilibrium:

-Refer to the above graph to answer this question.In an effort to increase the number of daycare spaces,suppose the authorities give daycare operators a subsidy of $150 for each child registered.What will be the new equilibrium quantity?
A)5,000.
B)6,000.
C)7,000.
D)8,000.
E)9,000.

Question

09-05 Explain how governments try to encourage production of goods and services;such as education;that carry external benefits.
 09-18 Providing Subsidies
The following graph refers to a province's day care market which is in equilibrium:
 
-Refer to the above graph to answer this question.In an effort to increase the number of daycare spaces,suppose the authorities give daycare operators a subsidy of $150 for each child registered.What will be the new equilibrium quantity?
A)5,000. 
B)6,000. 
C)7,000. 
D)8,000. 
E)9,000.

Quizplus · Accepted Answer

The Answer of 09-05 Explain how governments try to encourage production of goods and services;such as education;that carry external benefits.
 09-18 Providing Subsidies
The following graph refers to a province's day care market which is in equilibrium:
 
-Refer to the above graph to answer this question.In an effort to increase the number of daycare spaces,suppose the authorities give daycare operators a subsidy of $150 for each child registered.What will be the new equilibrium quantity?
A)5,000. 
B)6,000. 
C)7,000. 
D)8,000. 
E)9,000.

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