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Figure 10-8 -Refer to Figure 10-8.If the Government Wanted to Subsidize This

Question 258

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Figure 10-8
Figure 10-8 -Refer to Figure 10-8.If the government wanted to subsidize this market to achieve the socially-optimal level of output,how large would the subsidy need to be? A) less than $2 B) $2 C) more than $2 D) The size of the subsidy cannot be determined from the figure.
-Refer to Figure 10-8.If the government wanted to subsidize this market to achieve the socially-optimal level of output,how large would the subsidy need to be?


A) less than $2
B) $2
C) more than $2
D) The size of the subsidy cannot be determined from the figure.

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