Solved

If Consumption of Education Creates an External Benefit, Then in Order

Question 147

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions