-The Figure Above Shows the Market for a Good with an External

question 167

Multiple Choice

-The figure above shows the market for a good with an external benefit.If the market is competitive and the government takes no action,the equilibrium quantity is ________ units and the equilibrium price is ________ per unit.

• A) 8; $150
• B) 8; $300
• C) 10; $250
• D) 10; $100
• E) 10; $150

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Definitions:

Immigrant Status

The legal condition of a person who has come to live permanently in a country where they were not born, often impacting their rights and obligations.

Canadian-Born

Individuals who were born in Canada, regardless of their parents' nationality.

Sampling Frame

A list or database from which a representative sample is drawn for the purpose of conducting research.

Random-Digit Dialling

A method used in surveys and research to select participants by randomly generating telephone numbers, allowing for a broader and more representative sample.