-The Table Above Shows the Marginal Private Benefit, Marginal Social

question 93

Multiple Choice

-The table above shows the marginal private benefit, marginal social benefit and marginal cost of education at the University of Epsilon. What is the efficient number of students at the university?

• A) 4,000
• B) 1,000
• C) 5,000
• D) 3,000

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Definitions:

Privacy

The state or condition of being free from unauthorized intrusion or disclosure of personal information.

Internet

The Internet is a global network of interconnected computers and servers that use standardized communication protocols to exchange data and provide diverse services.

B2C Model

Business-to-Consumer model, a sales model in which businesses sell products or services directly to consumers.

Sell-Side Marketplaces

Online platforms where sellers can offer products or services directly to buyers, typically used in business-to-business or business-to-consumer transactions.