Multiple Choice
The figure above shows the demand for college education (D) , the marginal social benefit of college education (MSB) , and the marginal cost of the private schools (MC) .
-In the figure above,suppose the government provides vouchers worth $15,000 per student per year.When the market is in equilibrium,marginal social benefit ________ marginal cost,and the number of students enrolled is ________.
A) exceeds; above the efficient quantity
B) exceeds; below the efficient quantity
C) is below; above the efficient quantity
D) is below; below the efficient quantity
E) equals; efficient
Correct Answer:
Verified
Correct Answer:
Verified
Q6: "According to the Coase theorem, if Gabriel
Q79: In order for pollution taxes to be
Q80: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q81: The use of vouchers for education<br>A) decreases
Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q83: A cost that arises from the production
Q86: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q88: The Coase theorem states that<br>A) the level
Q89: The deadweight loss associated with producing a
Q137: Burning coal to generate electricity can create