Multiple Choice

-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 does not intervene, and the universities are competitive, the deadweight loss is
A) zero.
B) $300 million per year.
C) $100 million per year.
D) $200 million per year.
Correct Answer:
Verified
Related Questions
Q119: An uncrowded toll road is _ because
Q120: The efficient quantity of a public good