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Title: Ian earns earns $5,000 as a sailing instructor at the Port Credit Yacht Club. The Maritime Institute ... Post by: Tragamin on Dec 29, 2017 Ian earns earns $5,000 as a sailing instructor at the Port Credit Yacht Club. The Maritime Institute offers an Instructor's Certificate course for $3,600. The Certificate is good for one year. With the Certificate, Ian's salary increases by $1,000 but the yacht club gets marginal external benefits of more than $3,000. Which statement is false?
A) Marginal private benefit equals $1,000. B) Marginal private cost equals $3,600. C) Marginal social cost equals $3,600. D) Marginal external cost equals $3,000. E) Marginal social benefit equals $4,000. Title: Re: Ian earns earns $5,000 as a sailing instructor at the Port Credit Yacht Club. The Maritime ... Post by: Aryan on Dec 29, 2017 Content hidden
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