Solved

The Following Questions Refer to the Graph Below

Question 12

Multiple Choice

The Following Questions Refer to the graph below. 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
-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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents