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Suppose the Government Provides $1,400 Worth of Educational Services for All

Question 42

Multiple Choice

Suppose the government provides $1,400 worth of educational services for all children.Assume that public schooling cannot be supplemented with private tutoring.What would be the cost of schooling for a family that desires educational services worth $1,700?


A) $0
B) $300
C) $1,700
D) Cannot be determined without more information

Correct Answer:

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