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-The Marginal Cost of Educating a Student Is $30,000, and This

Question 270

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-The marginal cost of educating a student is $30,000, and this cost is independent of the number of students. The figure above shows the marginal private benefit that a student receives from education. An independent government agency determines that the efficient number of students is 40,000. What is the marginal social benefit from education? A) It depends on the demand. B) $20,000 C) $10,000 D) $40,000
-The marginal cost of educating a student is $30,000, and this cost is independent of the number of students. The figure above shows the marginal private benefit that a student receives from education. An independent government agency determines that the efficient number of students is 40,000. What is the marginal social benefit from education?


A) It depends on the demand.
B) $20,000
C) $10,000
D) $40,000

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