Multiple Choice
-The figure above shows the market for university education. If the market for education is competitive and with no government intervention, the equilibrium quantity of university students is ________ million and the efficient quantity of university students is ________ million.
A) 4; 8
B) 2; 4
C) 8; 4
D) 0; 10
E) 8; 2
Correct Answer:

Verified
Correct Answer:
Verified
Q75: Which of the following is an example
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Which of the
Q77: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q78: Suppose two neighbourhoods with 10 homes each
Q79: When logging in Tasmania destroys forests that
Q81: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q82: For a product with external benefits that
Q83: If a product has zero external costs,
Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q85: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above