Multiple Choice
If consumption of education creates an external benefit, 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.
Correct Answer:

Verified
Correct Answer:
Verified
Q142: The increase in the share of loans
Q143: A good is considered nonrival-in-consumption if<br>A) many
Q144: A sound legal system that protects individuals
Q145: In 2008-2009, which of the following weakened
Q146: Which of the following was the result
Q148: Use the figure below to answer the
Q149: After new HUD guidelines were issued in
Q150: Between 2001 and 2005, sub-prime (including Atl-A)
Q151: Economic efficiency requires that<br>A) individuals produce at
Q152: A car sells at different prices at