Multiple Choice
The figure above shows the demand for college education (D) , the marginal social benefit of college education (MSB) , and the marginal cost of the private schools (MC) .
-In the figure above,suppose a subsidy is provided to private colleges.What amount of subsidy will ensure the efficient number of students?
A) $10,000
B) $25,000
C) $15,000
D) $5,000
E) $20,000
Correct Answer:
Verified
Correct Answer:
Verified
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