-The Figure Above Shows the Market for Private Elementary School

question 152

Multiple Choice

-The figure above shows the market for private elementary school education in Chicago.There is no external cost of private elementary education.If the marginal social benefit of private elementary education equaled the marginal social cost,the deadweight loss in Chicago's private education market would equal

• A) 0.
• B) $800,000.
• C) $1,600,000.
• D) more than $1,600,000.
• E) more than $800,000 and less than $1,600,000.

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The act or process by which something is spread or passed from one person or thing to another.

Illnesses

Conditions that impair normal functioning, typically manifested by distinguishing signs and symptoms.

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A parking area where vehicles can be parked without charge.

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Refers to the ease with which people with disabilities can access and use office spaces and facilities.