Multiple Choice
-The figure above shows the marginal social costs (MSC) , marginal private benefits (MB) , and marginal social benefits (MSB) of college education in Inland. If Inland's government provides a voucher per student equal to the marginal external benefit of college education, then ________ million students will attend college, and colleges will collect ________ per student from the voucher.
A) 0.6; $3,000
B) 0.8; $5,000
C) 0.8; $2,000
D) 0.6; $1,000
Correct Answer:

Verified
Correct Answer:
Verified
Q200: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q201: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q202: Pollution occurs when lumber is produced. If
Q203: The Atlantic City Expressway is a highway
Q204: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q206: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q207: Consider a market in which there is
Q208: Most economist would consider the marginal private
Q209: When producers are hard to monitor and
Q210: Why do firms ignore external costs when