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3 July, 10:25

After a government implements a voucher program, granting funds that families can spend at schools of their choice, numerous students in public schools switch to private schools. Parents' and students' valuations of the services provided at both private and public schools adjust to equality with the true market price of educational services. As a result of this voucher program,

A. the public schools and the private schools will gain equally.

B. the public schools will gain.

C. the public schools will lose.

D. the parents of these school children will lose.

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Answers (1)
  1. 3 July, 13:58
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    C. the public schools will lose
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