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) people do not value education enough.
Correct Answer:

Verified
Correct Answer:
Verified
Q382: Why does the existence of an external
Q383: If the government creates a system of
Q384: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q385: In the case of an external benefit
Q386: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q388: When people make decisions about the quantity
Q389: Both firm A and firm B emit
Q390: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q391: Food stamps provided by the U.S. Department
Q392: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure