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Home Q & A Board Other Fields Homework Help Business Economics
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cassandra_dan cassandra_dan
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A year ago
The graph shows the market for education, which causes a positive externality.
 
Assume that P1=$12,250, P2=$17,000, P3=$24,500, Q1=3,000, Q2=7,250 and Q3=15,500.  Notice that the gap between the marginal benefit curve and the marginal social benefit curve is constant. At the market equilibrium, what is the deadweight loss?
Please round your final answer to two decimal places.

▸ $76,562,500.00

▸ $50,531,250.00

▸ $29,687,500.00

▸ $19,593,750.00
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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moyo966moyo966
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A year ago
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cassandra_dan Author
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A year ago
Helped a lot
foxrcng11
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
my2redeyes
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2 hours ago
this is exactly what I needed
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