ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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The figure shows the market for college education. The efficient quantity of
education is
Price and cost (thousands of dollars per student)
O A. more than 4 million students and less than 6 million students.
20
O B. O students.
S= MC
O C. 6 million students.
16
O D. more than 6 million students.
12
d
O E. 4 million students.
MSB
8
D = MB
4
10
Quantíty (millions of students per year)
O Time Remaining: 00:54:01
Next
MacBook Pro
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Transcribed Image Text:The figure shows the market for college education. The efficient quantity of education is Price and cost (thousands of dollars per student) O A. more than 4 million students and less than 6 million students. 20 O B. O students. S= MC O C. 6 million students. 16 O D. more than 6 million students. 12 d O E. 4 million students. MSB 8 D = MB 4 10 Quantíty (millions of students per year) O Time Remaining: 00:54:01 Next MacBook Pro
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