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The Following Questions Refer to the Graph Below

question 98

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The Following Questions Refer to the graph below. The Following Questions Refer to the graph below.   -What assumption is shown by the fact that MPC = MSC on the graph? A) This graph is for public education B) There are no positive externalities associated with education C) Education has positive spillover benefits for society D) The market will produce the socially optimal quantity of education E) This graph illustrates a private market for education
-What assumption is shown by the fact that MPC = MSC on the graph?


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