If the Marginal Private Benefit of Attending College for Shelly

question 174

Multiple Choice

If the marginal private benefit of attending college for Shelly is $40,000 and the marginal external benefit is $15,000,she will attend college if the cost of attendance is no more than

• A) $55,000.
• B) $45,000.
• C) $40,000.
• D) $25,000.
• E) $15,000.