The following diagram shows the free market supply (S) and demand (D$_1$) for a good when there is imperfect information.D$_2$ shows the level of demand if consumers had full information about the effects of consuming the good.
Which one of the following government policies is most likely to result in the social optimum level of consumption?
1 )
A maximum price equal to P$_3$
2 )
A minimum price equal to P$_2$
3 )
A subsidy per unit equal to P$_1$ – P$_2$
A tax per unit equal to P$_3$ – P$_2$
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