-The Table Above Shows the Marginal Costs and Marginal Benefits

question 17

Multiple Choice

-The table above shows the marginal costs and marginal benefits of university education. The marginal social benefit of university education at the efficient level of enrolment is

• A) $14,000 per year.
• B) $16,000 per year.
• C) $12,000 per year.
• D) $20,000 per year.

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Definitions:

Centers for Disease Control and Prevention

A national public health institute in the United States tasked with protecting public health and safety through the control and prevention of disease, injury, and disability.

Administer Medications

The process of providing or applying drugs as per a healthcare professional's prescription or instructions.

Intrathecal

Pertaining to the administration of drugs or other substances into the space under the arachnoid membrane of the brain or spinal cord.

Horizontal Recumbent Position

A lying down position where the individual is lying on their back, face-up, used in medical examination or treatment.