Solved

The Figure Shows the Supply Curve (S) and the Demand

Question 326

Multiple Choice

The figure shows the supply curve (S) and the demand curve (D) for college education. The external benefit from college education is $6,000 per student per year and is constant. -In the figure above, if the government provides the efficient amount of education, what is the tuition? A) $10,000 per year B) $14,000 per year C) $8,000 per year D) $6,000 per year The figure shows the supply curve (S) and the demand curve (D) for college education. The external benefit from college education is $6,000 per student per year and is constant.
-In the figure above, if the government provides the efficient amount of education, what is the tuition?


A) $10,000 per year
B) $14,000 per year
C) $8,000 per year
D) $6,000 per year

Correct Answer:

verifed

Verified

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

Related Questions

Q321: To eliminate the inefficiency resulting from an

Q322: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q323: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure

Q324: Marginal social cost is equal to<br>A) marginal

Q325: For a common resource, the marginal private

Q327: Scientists have said for years cod was

Q328: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q329: Those opposed to fracking, a method of

Q330: Consider the production of some industrial good

Q331: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Keeping in mind