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Laurent Laurent
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Richard estimates that an executive accounting certificate, good for 3 years, would increase his annual salary from $50,000 to $60,000. Tuition for the certificate is $40,000. Richard's boss estimates that with the accounting certificate Richard would create annual marginal external benefits of $15,000 for the company. The correct education subsidy for the 3 years totals
A) $10,000.
B) $45,000.
C) $25,000.
D) $40,000.
E) $15,000.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
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AryanAryan
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