6) The graph shows the market for public education where there exists an external benefit. (6 Marks) 12 MC - MSC Price of Tuition in Thousands N MSB I D - MB 2 6 8 10 # of Students (in Thousands) If the market was unregulated, what is the price of tuition and quantity of student enrollment? (2 Marks) b ) If the market was regulated, what will be the price of tuition and quantity of student enrollment? (2 Marks) c) If the market was regulated, how much will the student be paying? How much will the subsidy be paid by the taxpayer? (2 Marks) Focus 12:07 PM