The Following Table Shows the Marginal Private Benefits and Marginal

question 115

Multiple Choice

The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province:

-Refer to the above information to answer this question.In an effort to increase the number of daycare spaces,suppose the authorities give parents a subsidy of $150 for each child registered.What will be the new equilibrium quantity?

• A)9,000.
• B)8,000.
• C)7,000.
• D)5,000.
• E)3,000.

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Definitions:

Pest Control

The regulation or management of a species defined as a pest, typically because it negatively affects human health, the economy, or the environment.

Insect Pheromones

Chemical substances secreted by insects to communicate with each other, often playing a role in mating and other behaviors.

Pheromones

Chemical substances produced and released into the environment by an animal, affecting the behavior or physiology of others of its species.

Biologically Magnified

Refers to the process by which toxic substances become more concentrated in organisms at higher levels of the food chain.