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Some economists argue that early child care generates an external benefit to society. Consider the following demand and supply le graph for early childhood

   

Some economists argue that early child care generates an external benefit to society. Consider the following demand and supply le graph for early childhood education. Price ($ per month) $1,300 $1,200 $1,000 $900 23 26 Supply Marginal social benefit Marginal private benefit (demand) Quantity (millions per month)

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