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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 3000 Marginal

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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 3000 Marginal Private Marginal Private Costs Benefits ($) ($) 600 300 550 400 500 500 5000 17000 8000 19000 450 4001 600 700 Refer to the above information to answer this question. In an effort to increase the number of daycare spaces, suppose the authorities give daycare operators a subsidy of $150 for each child registered. What will be the new equilibrium quantity? Select one: A. 8,000 OB.5.000. C.7.000. OD. 9,000 O E 3,000 The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province: Number of Daycare Spaces 3000 5000 7000 8000 9000 Marginal Private Marginal Private Costs Benefits ($) ($) 600 300 550 400 5001 500 4501 600 400 700 Refer to the above information to answer this question. In an effort to increase the number of daycare spaces, suppose the authorities give daycare operators a subsidy of $150 for each child registered What will be the new equilibrium quantity? Select one: A. 8,000. B. 5,000 C.7,000 D. 9,000 E 3,000 Assume that the following data is for a profit-maximizing manufacturer: Quantity 10 $ Total Cost 1001 140 1601 11 2 3 1901 5 16 7 2401 300 370 450 8 550 Refer to the above information to answer this question. If the price is $55 per unit, what are the profit maximizing output and the level of profit or loss? Select one: A. 5 and a loss of $25. B.5 and a profit of $25. O C. 4 and a profit of $20 D. 4 and a loss of $20. E. The firm would shut down

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