1.Consider the following scenario where marginal social benefit equals marginal social cost at a quantity of 10 and a price of $50; and, the marginal private cost equals the marginal private benefit at a quantity of 5 and a price of $40. The government will offer a ________________of ________ to achieve market equilibrium.

a)tax of $10

b)tax of $15

c)subsidy of $10

d)subsidy of $90

e)tax of $90

2.

.

\fll : Elearn.flvs.net '00 0 E] i ii] i Question 56(Multiple Choice Worth 1 points) [- Figure 3-5 Personal Computer Industry Market Shares Assume the following correctly shows the market shares of the ve rms in the market: Firm Market Share Dell 50% H P 30% Gateway 9% Toshiba 6% Apple 5% 1 00% Refer to Figure 3-5, above. What is the HerndahI-Hirschman Index of this industry? 050 (\\2,500 095 03,517 03,542 Next Question i Question 1 (Answered) 0