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Business, 05.02.2021 21:00 dondre72

The graph shows the marginal private benefit from a dentistry degree and the marginal cost of obtaining a dentistry degree.
The marginal external benefit is $4,000 per dentistry graduate per year.
Suppose the government decides to provide public dental schools.
Draw the marginal social benefit curve. Label it MSB.
Draw a line that shows the tuition that dental schools charge to achieve the efficient number of students. Label it Tuition.


The graph shows the marginal private benefit from a dentistry degree and the marginal cost of obtai

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The graph shows the marginal private benefit from a dentistry degree and the marginal cost of obtain...
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