If the government regulates the market in the above figure in a way to achieve efficiency, then ________ vaccinations will be produced and consumed
A) 0
B) 30 thousand
C) 50 thousand
D) None of the above answers is correct.
C
Economics
You might also like to view...
Beth is participating in an open outcry Dutch auction. Bidding starts at $500, and her maximum williness to pay is $400. The total number of bidders participating in the auction is 4
Her optimal bid strategy is to buy when the price reaches ________. A) $320 B) $300 C) $375 D) $125
Economics
The table above gives the aggregate demand and aggregate supply schedules in Lotus Land
With no changes in aggregate demand or long-run aggregate supply, in long-run macroeconomic equilibrium, the price level will be ________ and real GDP will be ________. A) 120; $400 B) 110; $500 C) 90; $400 D) 100; $600
Economics