PLZ FILL IN THE BLANKS FOR 19 AND 20 (SEE IMAGE)

19. The following figures illustrate conditions in the market for health care where there is some sort of government involvement and consumption of health care is shown to generate positive external benefits.Suppose for equity reasons government believes health care should be offered free of charge.

ST Figure 1 Figure 2 MSB MSC MSB MSC MPG MPC, beddy MPB Quantity of Health Care Quantity of Health Care Figure 3 $1 Figure 4 MISB MSC MSB -MSC MPC MPB Quantity of Health Care Quantity of Health Care Figure illustrates the case where health care is efficient but not equitable. 20. The markets below show conditions in a perfectly competitive market in which there is some sort of externality: Market A Market B MSC S=MSC MSB D=MSB D D Quantity Quantity Market C Market D 5=MSC MSC MSB D=MSB Quantity Quantity Only in Market does the shaded area correctly identify the deadweight loss that arises at the competitive equilibrium