The Following Questions Refer to the graph below. 
-What assumption is shown by the fact that MPC = MSC on the graph?
A) This graph is for public education
B) There are no positive externalities associated with education
C) Education has positive spillover benefits for society
D) The market will produce the socially optimal quantity of education
E) This graph illustrates a private market for education
Correct Answer:
Verified
Q7: The Following Questions Refer to the graph
Q8: According to the Census Bureau,a college education
Q9: The Following Questions Refer to the graph
Q10: The Following Questions Refer to the graph
Q11: About how much does the United States
Q13: Which of the following is an important
Q14: According to the Census Bureau,someone with a
Q15: The Following Questions Refer to the graph
Q16: According to the Census Bureau,high school graduates
Q17: The Following Questions Refer to the graph
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents