The Figure Shows the Supply Curve (S) and the Demand

question 368

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 a subsidy to colleges of $6,000 per student per year, how many students will be accepted?

• A) 8 million per year
• B) 12 million per year
• C) 10 million per year
• D) 16 million per year

---

Definitions:

Personal Loss

The experience of losing something significant to an individual, such as a loved one, job, or sense of security, leading to emotional distress.

Occasional Regression

Temporary return to earlier patterns of behavior or stages of development under stress or discomfort.

Emotional Intelligence

The ability to understand, use, and manage one's own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges, and defuse conflict.

Intelligence Quotient

A measure of a person's intellectual abilities compared to the average population, expressed as a score.