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The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province: Number of Daycare Spaces Marginal Private
The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province: Number of Daycare Spaces Marginal Private Benefits ($) Marginal Private Costs ($) 3000 600 300 5000 550 400 7000 500 500 8000 450 600 9000 400 700 Refer to the above information to answer this question. Given the marginal private benefits and marginal private costs of providing daycare spaces, what is the equilibrium quantity of daycare spaces provided in the market? Question 12Select one: A. 3,000. B. 8,000. C. 5,000. D. 9,000. E. 7,000
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