Public schools
A) allow students to get an education without incurring any opportunity cost.
B) provide education at a price below the market price.
C) provide education at a price above the market price.
D) have done a better job of educating their students in science, math, reading, and writing as the subsidies they receive have increased over the years.
Answer: B
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At the socially optimum equilibrium, net social welfare is at its minimum
a. True b. False Indicate whether the statement is true or false