(Solved): Suppose that education provides spillover benefits to the community as illustrated in the diagram. ...

Suppose that education provides spillover benefits to the community as illustrated in the diagram. Based on this information, we can say that: A. the market would fall short of the desirable level of education, Qo. . B education is overproduced by \( Q_{1} \) minus \( Q_{0} \) units. .C the socially optimal quantity of education is \( Q_{i} \) units. .D the socially optimal quantity of education is \( Q_{0} \) units. E None of the above