-The Marginal Cost of Educating a Student Is $30,000, and This

question 380

Multiple Choice

-The marginal cost of educating a student is $30,000, and this cost is independent of the number of students. The figure above shows the marginal private benefit that a student receives from education. If schools are competitive, how many students are enrolled?

• A) zero
• B) 20,000
• C) 50,000
• D) It depends on the demand.

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Definitions:

Voluntary Active Euthanasia

The intentional administration of lethal drugs or other means of producing a painless death with the person’s informed consent.

Final Acceptance

The conclusive approval or acknowledgement of a product, project, or agreement as complete, satisfactory, or fulfilling its requirements.

Elisabeth Kübler-Ross

A Swiss-American psychiatrist who introduced the five stages of grief model in her book "On Death and Dying."

Active Euthanasia

The administration of a lethal treatment (usually a drug) to cause a quick and painless death.