If all colleges are private and the government offers vouchers to those who enroll at a college,
Question:
If all colleges are private and the government offers vouchers to those who enroll at a college, calculate the value of the voucher that will achieve the efficient number of students.
The marginal cost of educating a student is a constant $4,000 a year and education creates an external benefit of a constant $2,000 per student per year.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
The question is asking for the value of a voucher that would ensure an efficient number of students in college given a set marginal cost and external ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If the government offers vouchers to those who enroll at a college and no subsidy, what is the value of the voucher that will achieve the efficient number of students? The marginal cost of a college...
-
If all colleges are private and the market for education is competitive, how many students enroll, what is the tuition, and what is the deadweight loss created? The marginal cost of educating a...
-
If the government decides to provide public colleges, what tuition will these colleges charge to achieve the efficient number of students? How much will taxpayers have to pay? The marginal cost of...
-
About "Hilton Honors" 1) Explain what creates value and identify if there are aspects that do not create value. (Please include the citation and references) 2)What is the strength of the Hilton Honor...
-
Suppose that a function f is continuous on [0, 1] except at 0.25 and that f (0) = 1 and f(1) = 3. Let N = 2. Sketch two possible graphs of f, one showing that f might not satisfy the conclusion of...
-
Is social loafing an individual issue, varying according to an individuals personality and values, or is it an organizational issue affected by management action or non-action?
-
How does the development stage of the new-product process involve testing the product inside and outside the fi rm?
-
Mom and Pop Groceries has just dispatched a years supply of groceries to the government of the Central Antarctic Republic. Payment of $250,000 will be made one year hence after the shipment arrives...
-
Question 22 (4 points) Ch. 15 - Uber, Inc. had the following transactions for its most reccent year. Repurchase by the company of its own common stock $ 43,000 Sale of long-term investment $ 62,000...
-
After you have studied Economics in the News on pp. 452453, answer the following questions. a. What are the marginal private benefits and marginal private costs of using carbon-free resources to...
-
If the government decides to subsidize private colleges, what subsidy will achieve the efficient number of college students? The marginal cost of educating a student is a constant $4,000 a year and...
-
In Problems 2738, the reduced row echelon form of a system of linear equations is given. Write the system of equations corresponding to the given matrix. Use x, y; or x, y, z; or x 1 , x 2 , x 3 , x...
-
K ints: 0 of 3 Save The height of women ages 20-29 is normally distributed, with a mean of 64 inches. Assume = 2.7 inches. Are you more likely to randomly select 1 woman with a height less than 65.2...
-
CASE 11-23 Balanced Scorecard LO11-4 Haglund Department Store is located in the downtown area of a small city. While the store had been profitable for many years, it is facing increasing competition...
-
0.1 points Sert Avne Your monthly Cable/Internet payment increases to $104 for the month of March and on. What is the new annual total you pay for Cablemed $1,178 $1,192 $1,206 $1,220
-
Tax issues are definitely a concern of consolidated entities. Using external resources, please explain some of the challenges faced by the accountant for tax purposes regarding consolidated entities....
-
Ownership of 51% of the outstanding voting common stock of a company would usually result in a. the use of the cost method b. the use of the lower of cost or market method c. the use of the equity...
-
f(x) = 2x + 3 and h(x) = -3x - 12. For each of the above products of functions, graph each component piece. Compute the value of the product at x = -2, x = -1, x = 0, x = 1, and x = 2 and graph the...
-
The rate at which the temperature of an object changes is proportional to the difference between its own temperature and the temperature of the surrounding medium. Express this rate as a function of...
-
William Dudley, president of the New York Fed, raised the prospect of the Fed becoming more explicit about its inflation goal to help anchor inflation expectations at the desired rate. a. What is the...
-
Suppose that the Bank of England decides to follow the Taylor rule. In 2005, the United Kingdom has an inflation rate of 2.1 percent a year and its output gap is 0.3 percent. At what level does the...
-
Explain how inflation targeting promotes full employment in the long run.
-
Imagine you are an Investor in the Stock Market. Identify three companies in the Korean Stock Market (KOSPI) where you would like to invest. Explain your answer
-
Domino is 4 0 years old and is married out of community of property with the exclusion of the accrual system to Dolly ( 3 5 ) . They have one child, Domonique, who is 1 1 years old. Domino resigned...
-
YOU ARE CREATING AN INVESTMENT POLICY STATEMENT FOR JANE DOE General: 60 years old, 3 grown children that are living on their own and supporting themselves. She is in a very low tax rate so we don't...
Study smarter with the SolutionInn App