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

question 341

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 the efficient amount of education, 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

Apply Ohm's and Kirchhoff's laws to calculate circuit parameters.

Understand the concept and significance of parallel circuits in electrical networks.

Calculate the total resistance in parallel circuits with various resistor values.

Define and identify terms related to electrical loads in circuits.

---

Definitions:

Taxes

Compulsory financial charges or levies imposed on individuals or entities by a governmental organization in order to fund public expenditures.

Accounts Payable

Obligations of a company to pay off short-term debts to its suppliers or creditors.

Net Working Capital

This is the difference between a company's current assets and its current liabilities, indicating its short-term financial health and ability to cover short-term obligations.

EBIT

Earnings Before Interest and Taxes, an indicator of company profit excluding costs from interest and income tax.