If Consumption of Education Creates a Positive Externality, Then in Order

Multiple Choice

If consumption of education creates a positive externality, then in order to increase efficiency relative to the outcome determined by private decisions,

A) more education must be produced
B) the same amount of education must be produced, and the price should be lower
C) less education must be produced, and the price should be higher
D) less education must be produced, and the price should be lower
E) less education must be produced at the same price