« previous next »

Author Question: Education has an external benefit. So to achieve the efficient level of education, an education ... (Read 86 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
on: Jun 29, 2018
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
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


ky860224

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

External female genitalia External female genitalia
Intradermal drug administration: (a) cross section of skin showing depth of needle insertion Source: Intradermal drug administration: (a) cross section of skin showing depth of needle insertion Source:
Race-Ethnicity and Education Race-Ethnicity and Education
The major external features of a neuron. The major external features of a neuron.
(A) A brisk half-moon stroke is an efficient technique to use with the body brush or exfoliation ... (A) A brisk half-moon stroke is an efficient technique to use with the body brush or exfoliation ...
The Effects of a Spinal Cord Injury by Spinal Level The Effects of a Spinal Cord Injury by Spinal Level
Video: How does an animal choose what food to eat?

For a complete list of videos, visit our video library