Multiple Choice
If education creates positive externalities,then _____
A) private markets provide a quantity of education that is less than socially optimal.
B) private markets provide a quantity of education that is more than socially optimal.
C) the marginal private benefit curve is higher than the marginal social benefit curve.
D) the marginal private cost curve is higher than the marginal social cost curve.
E) the government should impose a depletion tax.
Correct Answer:

Verified
Correct Answer:
Verified
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