________ are inducements to act in certain ways

The figure above shows the market for private elementary school education in Chicago. There is no external cost of private elementary education

If the government does not intervene in this market, the equilibrium number of students being privately educated is ________ and the efficient quantity is ________. A) 0 students; 400 students B) 400 students; 400 students C) 400 students; 600 students D) 600 students; 400 students E) 600 students; 600 students

Depository institutions are good at minimizing

A) the costs of monitoring borrowers. B) risky borrowers. C) liquidity. D) all of the above.