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13 Marginal Social Quantity (Number Marginal Marginal Social Cost (dollars per Private of Students) Benefit course) Benefit 60 3,500 70 120 65 3,625 65 115
13 Marginal Social Quantity (Number Marginal Marginal Social Cost (dollars per Private of Students) Benefit course) Benefit 60 3,500 70 120 65 3,625 65 115 8 60 110 70 3,750 75 3,875 55 105 80 4,000 50 100 85 4,125 45 95 90. 4.250 40 90 95 4,375 35 85 100 4,500 30 80 105 4,625 25 75 110 4,750 20 70 The table above gives the marginal social cost (which equals the price), marginal private benefit, and marginal social benefit of students attending Diablo Valley College (DVC) in Concord, California If the market is competitive and left without government intervention, the number of students that will attend DVC is and the price of a course will be dollars. students 3 p
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