Question: Question 2 ( 5 points ) The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province:
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The following table shows the marginal private benefits and marginal private cost of providing daycare spaces in the province:
tabletableNumber ofDaycare SpacestableMarginal PrivateBenefits $tableMarginal PrivateCosts $
Refer to the above information to answer this question. In an effort to increase the number of daycare spaces, suppose the authorities give parents a subsidy of $ for each child registered. What will be the new equilibrium quantity?
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