3 Education 1. The market for education in Tybee, a tiny island in Chatham County, Georgia is described in the diagram below. Economists believe that education generates a positive externality via consumption. On the x-axis we have the number of students enrolled per year and on the y-axis we have the tuition price they pay per year. All numbers should be WHOLE (no decimals at all). 90 80 70 60 50 40 30 20 MSB 10 Q 10 20 30 40 50 60 70 80 90 100