-In the Above Figure, What Amount of Subsidy Per Student

question 414

Multiple Choice

-In the above figure, what amount of subsidy per student would government have to provide to colleges if its desired objective was to achieve an efficient level of education, 50 million students per year?

• A) $6,000 per year
• B) $12,000 per year
• C) $18,000 per year
• D) $27,000 per year

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Definitions:

Greenmail

A strategy used to shake off a bidder’s hostile suit by offering to buy, at significantly higher cost, the portion of stock already owned by the bidder who is trying to take over the company.

Valuable Piece

An item considered to have significant monetary or sentimental worth.

Hostile Bidder

A company or individual that makes an offer to buy another company without obtaining the consent of the latter's board of directors.

Friendly Suitor

An individual or entity that proposes a non-hostile takeover or merger with another company, often presenting mutually beneficial terms.