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-The Figure Above Shows the Market for Private Elementary School

question 160

Multiple Choice

  -The figure above shows the market for private elementary school education in Chicago.There is no external cost of private elementary education.If the government does not intervene in this market,the equilibrium number of students being privately educated is ________ and the efficient quantity is ________. A)  0 students; 400 students B)  400 students; 400 students C)  400 students; 600 students D)  600 students; 400 students E)  600 students; 600 students
-The figure above shows the market for private elementary school education in Chicago.There is no external cost of private elementary education.If the government does not intervene in this market,the equilibrium number of students being privately educated is ________ and the efficient quantity is ________.


Definitions:

Behaviourist

A psychologist who studies and interprets behavior as a function of environmental histories of reinforcing consequences.

Gestalt Psychologist

A psychologist specializing in the study of perception and learning, emphasizing the idea that the whole is more than the sum of its parts.

Structuralist

An approach in various academic disciplines that analyzes elements of human culture, psychology, or society in terms of their relationship to a larger, overarching system or structure.

Psychoanalyst

A therapist trained in Freudian methods who seeks to analyze and treat mental disorders through exploring the unconscious mind.

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