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The Figure Above Shows the Demand for College Education (D)

Question 264

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) . -Based on the figure above,when the market is unregulated and is in equilibrium,the deadweight loss is A) $86.25 million per year. B) $56.25 million per year. C) $48.75 million per year. D) $37.50 million per year. E) zero.
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) .
-Based on the figure above,when the market is unregulated and is in equilibrium,the deadweight loss is


A) $86.25 million per year.
B) $56.25 million per year.
C) $48.75 million per year.
D) $37.50 million per year.
E) zero.

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