7 What is the efficient number of students? If all universities are private, how many people enrol...
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7 What is the efficient number of students? If all universities are private, how many people enrol in university and what is the tuition fee?
The marginal cost of a university education is a constant €6,000 per student per year and the marginal external benefit is a constant €4,000 per student per year.
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Related Book For 
Economics
ISBN: 9781118150122
10th European Edition
Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews
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