Solved

Figure 10-12 -Refer to Figure 10-12. Suppose, on the Figure, Represents

Question 219

Multiple Choice

Figure 10-12 Figure 10-12 -Refer to Figure 10-12. Suppose, on the figure, represents the quantity of education and represents the price of education. Then the quantity represents A) an inefficiency. B) the extent of the negative externality that pertains to the market for education. C) the amount of the tax that would be required to correct the negative externality that pertains to the market for education. D) the amount of the subsidy that would be required to correct the positive externality that pertains to the market for education.
-Refer to Figure 10-12. Suppose, on the figure, Figure 10-12 -Refer to Figure 10-12. Suppose, on the figure, represents the quantity of education and represents the price of education. Then the quantity represents A) an inefficiency. B) the extent of the negative externality that pertains to the market for education. C) the amount of the tax that would be required to correct the negative externality that pertains to the market for education. D) the amount of the subsidy that would be required to correct the positive externality that pertains to the market for education. represents the quantity of education and Figure 10-12 -Refer to Figure 10-12. Suppose, on the figure, represents the quantity of education and represents the price of education. Then the quantity represents A) an inefficiency. B) the extent of the negative externality that pertains to the market for education. C) the amount of the tax that would be required to correct the negative externality that pertains to the market for education. D) the amount of the subsidy that would be required to correct the positive externality that pertains to the market for education. represents the price of education. Then the quantity Figure 10-12 -Refer to Figure 10-12. Suppose, on the figure, represents the quantity of education and represents the price of education. Then the quantity represents A) an inefficiency. B) the extent of the negative externality that pertains to the market for education. C) the amount of the tax that would be required to correct the negative externality that pertains to the market for education. D) the amount of the subsidy that would be required to correct the positive externality that pertains to the market for education. represents


A) an inefficiency.
B) the extent of the negative externality that pertains to the market for education.
C) the amount of the tax that would be required to correct the negative externality that pertains to the market for education.
D) the amount of the subsidy that would be required to correct the positive externality that pertains to the market for education.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q125: Figure 10-13. On the graph, Q represents

Q166: Scenario 10-1
The demand curve for gasoline slopes

Q209: Table 10-4
Table 10-4 </p></div><svg width=

Q227: Figure 10-14 Figure 10-14 </p></div><svg width=

Q238: Scenario 10-1
The demand curve for gasoline slopes

Q239: Economists Edward Glaeser and Matthew Kahn studied

Q418: Table 10-4 Table 10-4 </p></div><svg width=

Q423: Assume the production of a good causes

Q425: The externality associated with technology spillovers
A)cannot be

Q439: Figure 10-12 Figure 10-12 </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents