Multiple Choice
-The table above shows the marginal private benefit, marginal social benefit, and marginal cost of education at the College of Epsilon. What is the equilibrium number of students at the college if the market is unregulated?
A) 1,000
B) 3,000
C) 4,000
D) 5,000
Correct Answer:

Verified
Correct Answer:
Verified
Q215: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q216: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q217: A tax equal to the external marginal
Q218: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -A chemical factory
Q219: A chemical factory and a fishing club
Q221: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q222: Why is it not efficient to eliminate
Q223: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The demand for
Q224: Scientists have said for years cod was
Q225: When the production of a good creates