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-The Figure Above Shows the Market for Private School Education

Question 70

Multiple Choice

-The figure above shows the market for private school education in Adelaide. There is no external cost of private education. If the government does not intervene in this market, the deadweight loss equals A) $800,000. B) $1,600,000. C) more than $800,000 and less than $1,600,000. D) more than $1,600,000. E) zero.
-The figure above shows the market for private school education in Adelaide. There is no external cost of private education. If the government does not intervene in this market, the deadweight loss equals


A) $800,000.
B) $1,600,000.
C) more than $800,000 and less than $1,600,000.
D) more than $1,600,000.
E) zero.

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