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
External Ear
External auditory canal
Worldwide Enrollment in Tertiary Education
Summary of Coordination of Benefit Rules
Structures of the external eye
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