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09-05 Explain How Governments Try to Encourage Production of Goods

question 139

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09-05 Explain how governments try to encourage production of goods and services;such as education;that carry external benefits.
09-18 Providing Subsidies
Added Y axis line.
09-05 Explain how governments try to encourage production of goods and services;such as education;that carry external benefits.  09-18 Providing Subsidies Added Y axis line.    -Refer to the diagram above.Assuming a perfectly competitive market structure,what area represents the consumer surplus? A) AEB B) AEC C) AFC D) BED
-Refer to the diagram above.Assuming a perfectly competitive market structure,what area represents the consumer surplus?


Definitions:

Pages

The individual sheets of paper or digital screens in a book, document, or other publication, numbered for easy reference.

Dimensional-analysis

A method in physics and engineering to check or determine the relationship between different kinds of physical quantities by identifying their dimensions of measurements.

Circuits

Electrical pathways through which electric current flows.

Mile

A unit of distance equal to 5,280 feet or approximately 1,609 meters.

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