A government offers to let a number of students at a public school transfer to a private

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A government offers to let a number of students at a public school transfer to a private school under two conditions: It will transmit to the private school the same per-pupil subsidy it provides the public school, and the private school will be required to admit the students at a below-market net tuition rate. Will the economic outcome be the same as the one that would have arisen if the government instead simply provided students with grants to cover the current market tuition rate at the private school?
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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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