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-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. An independent government agency determines that the efficient number of students is 40,000. What is the marginal social benefit from education?
Fiscal Year
A 12-month period used for accounting purposes and financial reporting by organizations, which may not align with the calendar year.
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