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Question 190

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Use the following to answer questions: Use the following to answer questions: -(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. If the government wants to achieve the optimum amount of land for the park, it could use a Pigouvian _____ of _____. A) tax; $300 B) tax; $150 C) subsidy; $150 D) subsidy; $450
-(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. If the government wants to achieve the optimum amount of land for the park, it could use a Pigouvian _____ of _____.


A) tax; $300
B) tax; $150
C) subsidy; $150
D) subsidy; $450

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