Multiple Choice
If the benefits to society of students attending college exceed benefits to the students,
A) higher education should be strictly regulated
B) higher education should be taxed
C) higher education provides a positive externality
D) higher education is overproduced at the privately determined equilibrium
E) in time, no higher education will be produced
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Education confers positive externalities because<br>A)some education is
Q8: How much of U.S.garbage is disposed of
Q9: Robert Iwasaki lives next door to a
Q10: The equilibrium price and quantity in a
Q11: A metal-stamping factory moves next to a
Q13: To achieve the socially optimal level of
Q14: If periodic use of a resource can
Q15: When consumption of a good or service
Q16: What kind of garbage tends to be
Q17: In a free market, a firm's rate