Education has an external benefit. So to achieve the efficient level of education, an education voucher must equal the difference between the
A) marginal (private) cost and the marginal social benefit.
B) marginal (private) benefit and the marginal social benefit.
C) marginal social benefit and the marginal (private) cost.
D) dollar price and marginal (private) cost.
E) marginal (private) cost and the marginal social cost.
Question 2
Refer to the scenario above. What is Alice's optimal bidding price?
A) 25,000
B) 30,000
C) 24,000
D) 36,000
Patient education
External Obliques
The level of future emissions is closely linked to the rate of population growth
Rising Sea Level
Education is not the learning of facts, but the training of minds to think