Multiple Choice
The marginal private benefit of education is
A) equal to the marginal social benefit.
B) greater than the marginal social benefit.
C) less than the marginal social benefit.
D) equal to the marginal social cost.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Public goods are those for which<br>A) external
Q2: Governments exist to<br>A) provide non- market mechanisms
Q3: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above
Q4: For a public good, the marginal social
Q5: A public good is _ and _.<br>A)
Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -From the figure
Q8: For a good to be nonrival, then<br>A)
Q9: When the marginal social benefit of Good
Q10: If a good has an external benefit,
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above