menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 34
  4. Exam
    Exam 8: Public Choices and Public Goods
  5. Question
    -The Table Above Shows the Marginal Costs and Marginal Benefits
Solved

-The Table Above Shows the Marginal Costs and Marginal Benefits

Question 41

Question 41

Multiple Choice

  -The table above shows the marginal costs and marginal benefits of university education. If the market for university education is perfectly competitive and unregulated, at the equilibrium quantity, the marginal external benefit is A)  zero. B)  $4,000. C)  $8,000. D)  $5,000.
-The table above shows the marginal costs and marginal benefits of university education. If the market for university education is perfectly competitive and unregulated, at the equilibrium quantity, the marginal external benefit is


A) zero.
B) $4,000.
C) $8,000.
D) $5,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q36: Governments can use subsidies<br>A) as a means

Q37: A free- rider problem occurs when the<br>A)

Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above

Q39: An example of an externality occurs when

Q40: In which of the following markets are

Q42: Marginal benefit received by people other than

Q43: When external benefits are present,<br>A) property rights

Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above

Q45: The benefit from an additional unit of

Q65: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Suppose two individuals,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines