The efficient level of college enrollment in Inland is A) 0.6 ...

[chads108]

The efficient level of college enrollment in Inland is
 
  A) 0.6 million students per year.
  B) 0.7 million students per year.
  C) 0.8 million students per year.
  D) 0.5 million students per year.

Question 2

In the above figure, if the natural monopoly is regulated and a marginal cost pricing rule is followed, then the consumer surplus will be
 
  A) 192 million.
  B) 108 million.
  C) 60 million.
  D) 48 million.

[bitingbit]

Answer to Question 1

C

Answer to Question 2

A