Question: Refer to the graph below: Tuition ($s) MSB D = MPB 7,000 6,000 5,000 S = MPC = MSC 4.000 11 12 13 Education (student-years)

Refer to the graph below: Tuition ($s) MSB D = MPB

Refer to the graph below: Tuition ($s) MSB D = MPB 7,000 6,000 5,000 S = MPC = MSC 4.000 11 12 13 Education (student-years) The socially optimal years of education is A. 1. B. between 1 and 11. C. 11. D. 12. E. 16

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