Refer to the data. The marginal cost of the fifth unit of output is:

The figure above shows the market for education, a good possessing an external benefit. In order to attain the efficient number of students, a government subsidy must equal ________ per student

A) $2,000 B) $8,000 C) $6,000 D) $10,000 E) $16,000

Economic growth measured in terms of an increase in per capita real GDP is not a good measure of the distribution of income in a nation

a. True b. False Indicate whether the statement is true or false