Multiple Choice
-The table above shows the marginal costs and marginal benefits of university education. The marginal social benefit of university education at the efficient level of enrolment is
A) $14,000 per year.
B) $16,000 per year.
C) $12,000 per year.
D) $20,000 per year.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: A good or service or a resource
Q13: A free- rider problem exists if<br>A) a
Q14: A government subsidy for a good<br>A) has
Q15: If the consumption of a good decreases
Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The figure above
Q18: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above
Q19: A cost that arises from the production
Q20: Which of the following is the BEST
Q21: Public universities, by charging tuition fees _
Q22: Government failure, when government actions lead to