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Author Question: Taxes and SubsidiesThe graph shows the marginal cost (MC), the marginal benefit (MB), and the ... (Read 369 times)

lingual

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on: Nov 23, 2022
Taxes and Subsidies

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=$1.40, P2=$3.85, P3=$5.85, P4=$8.30, Q1=455 and Q2=740. This illustrates a ________ (negative/positive) externality. The government can achieve economic efficiency by imposing a ________ (subsidy/tax) equal to ________.
◦ negative, subsidy, $6.90
◦ positive, tax, $6.90
◦ negative, tax, $4.45
◦ positive, subsidy, $4.45
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by lingual on Nov 23, 2022

Htimsrs

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Reply #1 on: Nov 23, 2022
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.
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lingual

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Reply 2 on: Nov 23, 2022
Wow, this really help

ryhom

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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