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The Private Marginal Benefit of acquiring a university degree is 1000 - Q (where Q is the total number of persons obtaining a university degree).

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The Private Marginal Benefit of acquiring a university degree is 1000 - Q (where Q is the total number of persons obtaining a university degree). The Social Marginal Benefit is 3000 - Q. PMC = SMC = 100. To have the efficient number of persons obtain a university degree it will be necessary to: O Provide a subsidy of 2900 to each individual who acquires a university degree O Set a maximum limit on the number of persons obtaining a university degree equal to 2900. O Require that at least 2000 people obtain a university degree. O Impose a tax of 2000 on each individual who does not obtain a university degree. O Provide a subsidy of 2000 to each individual who acquires a university degree

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