19:36! 13:413.00KB/S015The market below depicts supply, demand and marginal social cost in the widget market.0.000.000.700.000500.4002050100 125 150 175 2001To correct for the externality, what should be used?Oa. A subsidy of $0.20b. A tax of $0.20Oc. A subsidy of $0.30Od. A tax of $0.30=

The market below depicts supply, demand and marginal social cost in the widget market. 100 0.00 080 0.70 0.00 050 8.40 0.30 020 75 125 150 175 200 To correct for the externality, what should be used? a. A subsidy of $0.20 b. A tax of $0.20 OC.A subsidy of $0.30 Od. A tax of $0.30

The market below depicts supply, demand and marginal social cost in the widget market. 100 0.00 080 0.70 0.00 050 8.40 0.30 020 75 125 150 175 200 To correct for the externality, what should be used? a. A subsidy of $0.20 b. A tax of $0.20 OC.A subsidy of $0.30 Od. A tax of $0.30

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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19:36
! 13:41
3.00
KB/S
015
The market below depicts supply, demand and marginal social cost in the widget market.
0.00
0.00
0.70
0.00
050
0.40
020
50
100 125 150 175 2001
To correct for the externality, what should be used?
Oa. A subsidy of $0.20
b. A tax of $0.20
Oc. A subsidy of $0.30
Od. A tax of $0.30
=

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