Multiple Choice
The figure shows the supply curve (S) and the demand curve (D) for college education. The external benefit from college education is $6,000 per student per year and is constant.
-In the figure above, if the government provides the efficient amount of education, how many students will be accepted?
Definitions:
Related Questions
Q1: The marginal social benefit is the sum
Q47: Tom and Jerry are the only members
Q71: There are two industries that emit sulfur
Q118: Using the Coase theorem, why might a
Q120: In 2008, a former Intel engineer has
Q128: If a duopolist's collusive price-fixing game can
Q148: In the United States, a collusive agreement
Q160: When CSU sophomore Cody Clow and his
Q277: Of the following market structures, which has
Q283: Let MC be the marginal private cost