Multiple Choice
Most governments subsidize basic education because
A) there are external costs associated with well educated citizens.
B) the marginal social benefit of education is greater than the marginal private benefit.
C) of the existence of private schools.
D) None of the above answers are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q11: The difference between the marginal social cost
Q12: An externality occurs when<br>A) the costs of
Q42: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q111: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" The figure shows
Q307: Those opposed to fracking, a method of
Q316: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q342: The cost of producing an additional unit
Q359: If a product has zero external costs,
Q388: When people make decisions about the quantity
Q407: Suppose your neighbor has a beautiful garden.