What is number of schools that achieves static efficiency

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Reference no: EM131238841

A country is deciding how many schools to open in a given state. The costs and benefits per school are given by: Total Benefits = 314S -1.6S^2

Total Costs = 50S + 1.7S^2

(a) According to a BCA should the country choose between zero or 30 schools if these are the only options?

(b) According to a BCA should the country choose between zero or 90 schools if these are the only options?

Reference no: EM131238841

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