-The Figure Above Shows the Marginal Social Costs (MSC), Marginal

question 71

Multiple Choice

-The figure above shows the marginal social costs (MSC) , marginal private benefits (MB) , and marginal social benefits (MSB) of university education in Inland. If Inland's government provides a voucher per student equal to the marginal external benefit of university education, then _______ million students will attend university, and universities will collect _______ per student from the voucher.

• A) 0.8; $5,000
• B) 0.6; $1,000
• C) 0.6; $3,000
• D) 0.8; $2,000

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Definitions:

Peripheral Circulation

The circulation of blood in the blood vessels located outside the heart and brain, often referring to the circulation in the limbs.

Ankle

A joint made up of the tibia, fibula, and talus, pivotal for supporting weight and allowing foot movements.

Superior Vena Cava

Vein that returns blood from the head and neck, upper limbs, and thorax to the right atrium.

Directly

In a straight line or manner without any intervening space or substance.