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jhaygood86 jhaygood86
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6 years ago
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, so they offer to subsidize his education. After the correct subsidy, Ian's portion of the tuition cost is
A) $1,000.
B) $600.
C) $3,600.
D) $0.
E) $3,000.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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