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QUESTION
Marginal Social Quantity* Marginal Marginal Cost ( dollars ( number of Private Social per course ) students ) benefit Benefit 100 4, 500 20 60 80 4,...
what is the answer of the question? would the answer be 80?
Marginal SocialQuantity*MarginalMarginalCost ( dollars( number ofPrivateSocialper course )students )benefitBenefit1004, 5002060804, 0004080603, 50060100403, 00080120202 , 500100140The table above gives the marginal social cost ( which equals the price ) , marginalprivate benefit , and marginal social benefit of students attending Diablo Valley*College ( DVC ) in Concord , California .If the government can set the price per course , in order to have the efficientquantity of students attending DVC , what should the government set as the price ?80