-Exhibit N-5 Depicts a Market in Which the Achievement of the Socially

Multiple Choice

-Exhibit N-5 depicts a market in which the achievement of the socially optimal price and quantity requires the government to

A) impose a tax of $3 per unit produced
B) impose a tax of $4 per unit produced
C) grant a subsidy of $3 per unit consumed
D) grant a subsidy of $4 per unit consumed
E) grant a subsidy of $8 per unit consumed