The table above shows the marginal private benefit, marginal social benefit, and marginal cost of education at the College of Epsilon. What is the tuition that will make the number of students equal to the efficient number?

A) $400
B) $800
C) $2,800
D) $3,200

A

Economics

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If the real interest rate is greater than the equilibrium real interest rate:

A) interest rates tend to rise further. B) the quantity of credit supplied falls short of the quantity of credit demanded. C) the quantity of credit demanded falls short of the quantity of credit supplied. D) the quantity of credit demanded equals the quantity of credit supplied.

Economics

How does microeconomics differ from macroeconomics?

What will be an ideal response?

Economics