Use the figure below to answer the following questions.
Figure 16.3.1
-Refer to Figure 16.3.1.The figure shows the marginal private benefit curve,the marginal social benefit curve,and the market supply curve.If a subsidy is granted that generates an efficient quantity,then quantity produced is
A) zero.
B) Q1.
C) Q2.
D) Q3.
E) greater than Q1.
Correct Answer:
Verified
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