Use the Table Below to Answer the Following Questions

question 32

Multiple Choice

Use the table below to answer the following questions.
Table 16.3.1

-Refer to Table 16.3.1. The table shows marginal private benefit and the marginal social benefit from the consumption of chemical fertilizer and the marginal social cost of the production of fertilizer. An efficient quantity is produced if the government

• A)subsidizes production by $20 per unit.
• B)subsidizes production by $10 per unit.
• C)provides vouchers for consumption of $20 per unit.
• D)taxes production by $10 per unit.
• E)either A or C.

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Definitions:

Enough Money

Having sufficient financial resources to meet one's needs, obligations, and desires without causing stress or hardship.

Communes

Communities where people live together, share resources, and often follow a set of shared social or economic principles.

Lasted Many Years

This phrase typically describes events, relationships, or situations that have continued or endured for an extended period of time.

Autonomy

The capacity and right of individuals to make their own choices and decisions independently, often associated with self-determination and freedom.