Question

When the number of students enrolled is 12,000 a year, the marginal external benefit of a college education is _______ per student per year.

Answer 1

While the variety of college students enrolled in 12,000 a yr, the marginal external benefit of university training is $16,000 in step with pupil in step with year.

The marginal external benefit is the advantage from eating one more unit of a good or service that falls on people aside from the customer.

Marginal external gain & Marginal Social benefit: For a firm in an aggressive marketplace, P=MR=MPB=call for. this is honestly the fee line because the marginal sales curve for an aggressive company is the same as the marketplace charge, which in flip is identical to MPB and the demand curve.

Many, if no longer most transactions create external blessings – examples consist of: Taking a bus reduces congestion on a road, enabling other avenues customers to travel extra speedy. Shopping for a burglar alarm may additionally deter possible burglars from a street or an area, which provides an advantage to different homeowners.

Learn more about marginal external benefits here: https://brainly.com/question/28150109

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