If the government decides to subsidize private colleges, what subsidy will achieve the efficient number of college

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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 education creates an external benefit of a constant $2,000 per student per year.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:03 PM

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If the government decides to subsidize private colleges, what subsidy will achieve the efficient number of college

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The efficient outcome or number of college students in this case would be achieved when the social c...View the full answer

Economics

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