Multiple Choice
Consider a market in which there is an external benefit. A private subsidy paid to producers can be used to arrive at the efficient market equilibrium because the subsidy will
A) decrease demand.
B) decrease the supply of the good.
C) increase the price demanders pay.
D) increase the quantity produced.
Correct Answer:

Verified
Correct Answer:
Verified
Q111: Free riders are not a problem in
Q112: A good which is nonrival and nonexcludable
Q113: If it is impossible to prevent someone
Q114: Which of the following does NOT contain
Q115: The external benefit of a good<br>A) equals
Q117: Education at a private university is NOT
Q118: A political equilibrium can never be reached
Q119: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -Tom and Jerry
Q120: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above
Q121: If the consumption of a good or