CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 74 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 74
Topic #: 1

If the production of a good involves an external social cost, resource allocation could be improved by:

Aproviding a subsidy for the consumers of the good

Bimposing an indirect tax on the good

Cproviding a subsidy for the producers of the good

Dthe government imposing price controls to reduce the price of the good.

Show Suggested Answer

Suggested Answer: B

by Donette at Aug 29, 2023, 10:42 PM

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