This topic contains a solution. Click here to go to the answer

Author Question: RegulationThe graph shows the marginal cost (MC), the marginal benefit (MB), and the marginal social ... (Read 532 times)

kaitlynndavis

  • Full Member
  • ***
  • Posts: 136
Regulation

The graph shows the marginal cost (MC), the marginal benefit (MB), and the marginal social benefit (MSB) of getting a flu shot.
 
Assume that P1=$1.65, P2=$4.00, P3=$6.00, P4=$8.35, Q1=320 and Q2=765. Suppose the government regulates the market to achieve economic efficiency. What is the economically efficient price? What price do consumers pay?
◦ $1.65, $6.00
◦ $4.00, $8.35
◦ $6.00, $1.65
◦ $8.35, $4.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kaitlynndavis on Nov 23, 2022

butterfly17

  • Full Member
  • ***
  • Posts: 186
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




kaitlynndavis

  • Member
  • Posts: 136
Reply 2 on: Nov 23, 2022
Wow, this really help


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library