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Figure 10-9

Question 304

Multiple Choice

Figure 10-9 Figure 10-9 -Refer to Figure 10-9, Panel (b) and Panel (c) . Which of the following is correct? A) A tax would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome. B) A subsidy would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome. C) A tax would move the market in Panel (b) closer to the socially optimal outcome, but a subsidy would move the market in Panel (c) closer to the socially optimal outcome. D) A subsidy would move the market in Panel (b) closer to the socially optimal outcome, but a tax would move the market in Panel (c) closer to the socially optimal outcome. Figure 10-9 -Refer to Figure 10-9, Panel (b) and Panel (c) . Which of the following is correct? A) A tax would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome. B) A subsidy would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome. C) A tax would move the market in Panel (b) closer to the socially optimal outcome, but a subsidy would move the market in Panel (c) closer to the socially optimal outcome. D) A subsidy would move the market in Panel (b) closer to the socially optimal outcome, but a tax would move the market in Panel (c) closer to the socially optimal outcome. Figure 10-9 -Refer to Figure 10-9, Panel (b) and Panel (c) . Which of the following is correct? A) A tax would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome. B) A subsidy would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome. C) A tax would move the market in Panel (b) closer to the socially optimal outcome, but a subsidy would move the market in Panel (c) closer to the socially optimal outcome. D) A subsidy would move the market in Panel (b) closer to the socially optimal outcome, but a tax would move the market in Panel (c) closer to the socially optimal outcome.
-Refer to Figure 10-9, Panel (b) and Panel (c) . Which of the following is correct?


A) A tax would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome.
B) A subsidy would move the market in Panel (b) and the market in Panel (c) closer to the socially optimal outcome.
C) A tax would move the market in Panel (b) closer to the socially optimal outcome, but a subsidy would move the market in Panel (c) closer to the socially optimal outcome.
D) A subsidy would move the market in Panel (b) closer to the socially optimal outcome, but a tax would move the market in Panel (c) closer to the socially optimal outcome.

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