Firm l produces x and Firm 2 produces y. Each firm is a price taker. The price of x is $2, and the price of y is $3.
The cost function of x is given by
x^÷100 and the cost function of y is given by y^÷100_x .How much subsidy per unit of production in x will induce a socially efficient supply?
A $0.75
B. $1.00
C. $1.22
D. $1.50
Answers
Answered by
2
Answer:B. $1.00
Explanation:it is a right answer
Answered by
1
Answer:
B is the right ans
B $1.00
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