8. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips. If the marginal external benefit of producing a chip is $10, then the socially optimal quantity of chips is and the socially optimal price is A) 200; $20 B) 300; $25 C) 500; $35 D) 600; $20

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter22: Contemporary Issues In The U.s. Economy
Section: Chapter Questions
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O NBA
O DraftKing x
FantasyLa X
Sportsbo x
G NBA Pick x A NBA Play x
Mail - M X
Economi X
B Chapter X
+
->
A d2l.mu.edu/d2l/le/content/428623/viewContent/3314398/View
A
E Apps
M Gmail
O YouTube
Maps
Connect - To Do As...
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Untitled Document..
10-Game Log
$55
50
45
40
35
30
25
20
15
10
100 200 300 400 500 600 700 800 900
Quantity of chips
8. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the
figure Positive Externalities and the Production of Semiconductor Chips. If the marginal
external benefit of producing a chip is $10, then the socially optimal quantity of chips is
and the socially optimal price is
A) 200; $20
B) 300; $25
C) 500; $35
D) 600; $20
3
17
>>
5:54 PM
P Type here to search
100%
4/20/2021
...
Transcribed Image Text:O NBA O DraftKing x FantasyLa X Sportsbo x G NBA Pick x A NBA Play x Mail - M X Economi X B Chapter X + -> A d2l.mu.edu/d2l/le/content/428623/viewContent/3314398/View A E Apps M Gmail O YouTube Maps Connect - To Do As... Lineups Untitled Document.. 10-Game Log $55 50 45 40 35 30 25 20 15 10 100 200 300 400 500 600 700 800 900 Quantity of chips 8. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips. If the marginal external benefit of producing a chip is $10, then the socially optimal quantity of chips is and the socially optimal price is A) 200; $20 B) 300; $25 C) 500; $35 D) 600; $20 3 17 >> 5:54 PM P Type here to search 100% 4/20/2021 ...
O NBA
O DraftKing x
FantasyLa X
Sportsbo x
G NBA Pick x A NBA Play x
Mail - M X
Economi X
B Chapter X
+
->
A d2l.mu.edu/d2l/le/content/428623/viewContent/3314398/View
A
E Apps
M Gmail
O YouTube
Maps
Connect - To Do As...
Lineups
Untitled Document...
10-Game Log
9. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the
figure Positive Externalities and the Production of Semiconductor Chips. If the marginal
external benefit of producing a chip is $20, then the socially optimal quantity of chips is
and the socially optimal price is
A) 200; $20
B) 300; $35
C) 500; $25
D) 600; $40
10. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the
figure Positive Externalities and the Production of Semiconductor Chips. If the socially
optimal production of chips is 500, the government could achieve the socially optimal
level of production by granting a Pigouvian subsidy of:
A) $5.
B) $10.
C) $15.
D) $20.
11. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the
figure Positive Externalities and the Production of Semiconductor Chips. If the socially
optimal production of chips is 600, the government could achieve the socially optimal
level of production by granting a Pigouvian subsidy of:
A) $5.
B) $10.
C) $15.
D) $20.
4
1 7
>>
5:54 PM
P Type here to search
100%
4/20/2021
...
Transcribed Image Text:O NBA O DraftKing x FantasyLa X Sportsbo x G NBA Pick x A NBA Play x Mail - M X Economi X B Chapter X + -> A d2l.mu.edu/d2l/le/content/428623/viewContent/3314398/View A E Apps M Gmail O YouTube Maps Connect - To Do As... Lineups Untitled Document... 10-Game Log 9. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips. If the marginal external benefit of producing a chip is $20, then the socially optimal quantity of chips is and the socially optimal price is A) 200; $20 B) 300; $35 C) 500; $25 D) 600; $40 10. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips. If the socially optimal production of chips is 500, the government could achieve the socially optimal level of production by granting a Pigouvian subsidy of: A) $5. B) $10. C) $15. D) $20. 11. (Figure: Positive Externalities and the Production of Semiconductor Chips) Look at the figure Positive Externalities and the Production of Semiconductor Chips. If the socially optimal production of chips is 600, the government could achieve the socially optimal level of production by granting a Pigouvian subsidy of: A) $5. B) $10. C) $15. D) $20. 4 1 7 >> 5:54 PM P Type here to search 100% 4/20/2021 ...
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