The table above shows the marginal costs and marginal benefits of college education. The marginal private cost of college education at the efficient quantity of enrollment is
A) $8,000 per year.
B) $12,000 per year.
C) $14,000 per year.
D) $16,000 per year.
D
Economics
You might also like to view...
What are the influences on the demand for labor?
What will be an ideal response?
Economics
The idea that it takes 90 percent of your time to clean up the last 10 percent of your house illustrates that
A) the marginal cost of cleaning up slopes downward. B) the marginal cost of cleaning up slopes upward. C) the marginal benefit of cleaning up is constant. D) the marginal benefit of cleaning up slopes upward.
Economics