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Use the following to answer question: Use the following to answer question:   -(Table: Externalities from Parks) Use: Table: Externalities from Parks.The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.Suppose that parks result in positive benefits to the community as a whole but that the marginal private benefit that any one individual in the community gets from parks is close to 0.If the government wants to achieve the optimum amount of land for the park,it could use a Pigouvian _____ of _____ per park acre. A) tax;$300 B) tax;$150 C) subsidy;$150 D) subsidy;$450
-(Table: Externalities from Parks) Use: Table: Externalities from Parks.The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.Suppose that parks result in positive benefits to the community as a whole but that the marginal private benefit that any one individual in the community gets from parks is close to 0.If the government wants to achieve the optimum amount of land for the park,it could use a Pigouvian _____ of _____ per park acre.


Definitions:

Incomplete Dominance

A condition in which neither member of a pair of contrasting alleles is completely expressed when the other is present.

Heterozygous

A genetic condition where an individual has two different alleles at a gene locus.

Intermediate Phenotype

A phenotype that represents a blend or a combination of two extreme phenotypic traits or forms found in a population.

Color Blindness

A genetic condition where a person's ability to perceive colors is altered or diminished due to abnormalities in certain photoreceptor cells in the eye.

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