Question 15
4 pts
Which of the following is true based on the graph?
Marginal Poste
Marginal Socie
Marginal Private Best
QUANTITY OF EDUCATION
o Quantity of education in the private market is more than the socially optimal quantity
Consumers of education could be subsidized in order to achieve the socially optimal quantity
Producers of education could be taxed in order to achieve the socially optimal quantity
Consumers of education could be taxed in order to achieve the socially optimal quantity
Consumption of education has a negative externality