Multiple Choice
-The figure above shows the marginal social costs (MSC) , marginal private benefits (MB) , and marginal social benefits (MSB) of university education in Inland. If Inland's government wants to provide the efficient level of education, it must set tuition fees at _______ per year to ensure that _______ Million students are enrolled.
A) $7,000; 0.8
B) $5,000; 0.8
C) $5,000; 0.6
D) $6,000; 0.6
Correct Answer:

Verified
Correct Answer:
Verified
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