-The figure above shows the marginal social costs (MSC) , marginal private benefits (MB) , and marginal social benefits (MSB) of university education in Inland. If Inland's government wants to provide the efficient level of education, it must set tuition fees at _______ per year to ensure that _______ Million students are enrolled.

Question

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The efficient level of education is where the marginal social benefits (MSB) equal the marginal social costs (MSC). The choice that aligns with this principle is $5,000 tuition per year for 0.8 Million students, as it matches the point where MSB equals MSC.

-The Figure Above Shows the Marginal Social Costs (MSC), Marginal