Table 10-4 -Refer to Table 10-4.Which of the Following Policies Would Move

question 171

Multiple Choice

Table 10-4

-Refer to Table 10-4.Which of the following policies would move the market from the market equilibrium to the socially optimal equilibrium?

• A) a tax of $2 per unit of output
• B) a subsidy of $2 per unit of output
• C) a tax of $7 per unit of output
• D) a subsidy of $7 per unit of output

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Definitions:

Successful Organizations

Entities that consistently achieve their objectives, satisfy their stakeholders, maintain financial stability, and exhibit growth.

Objectives

Specific, measurable goals that an organization or individual aims to achieve within a defined timeframe.

Performance Targets

Specific goals set for individuals or teams to achieve in their work, often used as a measure for performance appraisals.

Planning Horizon

The time frame within which plans or strategies are developed and expected to be implemented or achieve a specific target.