st: Final Exam 41 his Question: 5 pts This Test: 215 pts The table shows the mar

Question

st: Final Exam 41 his Question: 5 pts This Test: 215 pts The table shows the marginal benefit schedule from a college education. The marginal cost of educating a college student is $5000 a year. The marginal external beneft from a colege edacation is a constant $2,000 per student per year. There are no public colleges. If the government offers vouchers to students, what is the value of the voucher that will encourage the efficient mumber of students to enroll? The value ofthe voucher is S per student and [ million students enroll

Explanation / Answer

7000 dolar Per student ,3 million students enroll per year

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