Use the Figure Below to Answer the Following Questions

question 31

Multiple Choice

Use the figure below to answer the following questions.

Figure 16.3.3
-Refer to Figure 16.3.3.The figure shows the marginal private benefit and marginal social cost of a university education.If society's external benefit from university graduates is $10,000 each,then

• A)a subsidy of $10,000 per student paid to the universities achieves efficiency.
• B)a tax of $10,000 per student imposed on the universities achieves efficiency.
• C)10 million students per year is the efficient number students.
• D)a subsidy of $20,000 per student paid to the universities achieves efficiency.
• E)none of the above answers are correct.

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Definitions:

Time Pressures

The stress or urgency to complete tasks within a limited timeframe, often leading to increased workload and potentially affecting performance.

Management Support

The backing or assistance provided by managers and leaders to facilitate the achievement of organizational goals.

Abundance Of Resources

A situation where there is more than enough of various resources, such as time, money, and materials, available for use.

ISD Model

A process framework for developing educational and training programs in a consistent and reliable manner, focusing on aligning learning objectives with outcomes.