Calculate the value of the voucher

Assignment Help Microeconomics

Reference no: EM132116992

Question: The table shows the demand for university education.

The marginal cost of educating a student is a constant $4,000 a year and education creates an external benefit of a constant $2,000 per student per year.

If all universities are private and the government offers vouchers to those who enroll, calculate the value of the voucher that will achieve the efficient number of students.

Reference no: EM132116992

Questions Cloud

Make substantial change in his relationship with bussad : If you were De la Vega, what would you do at this point? Do you think De la Vega has waited too long to make substantial change in his relationship with Bussad?

What is role of the immune system in the response in asthma : Human Structure and Function- What is the normal structure and function of these respiratory system? What is the role of the immune system in the response

Explain the puzzle of personal identity : Explain the puzzle of personal identity. Why does Sam deny that he is identical to anyone from six months ago?

Total amount of interest you paid : Over the entire life of the loan (assuming you pay on time), what was the total amount of interest you paid?

Calculate the value of the voucher : If all universities are private and the government offers vouchers to those who enroll, calculate the value of the voucher that will achieve the efficient.

Calculate the contribution margin : Calculate the Contribution Margin. Use the bottom part of the form to determine the margin potential.

What was the level of retained earnings : What was the level of retained earnings on the company's December 31, 2008 balance sheet? Show your answer to the nearest dollar

Difference in the effective annual rates charged : What's the difference in the effective annual rates charged by the two banks? Enter your answer to the nearest .01%.

Determine the intensity of the competition : use the analysis tools and determine the intensity of the competition and if it is profitable or if it will be profitable.

User Account

All Pages