Multiple Choice
If a positive externality results from the consumption of higher education, then the marginal benefit students receive from education:
A) equals the marginal social benefit.
B) is less than the marginal social benefit.
C) includes the marginal external benefit.
D) exceeds the marginal social benefit.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Suppose that flu shots create a positive
Q20: Signaling is important because:<br>A)it increases social benefits
Q21: Which of the following statements is true?<br>A)Externalities
Q22: The efficient level of pollution abatement is
Q23: If the magnitude of the external costs
Q25: A tax equal to the external cost
Q26: The greater the magnitude of the external
Q27: Exhibit 8-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 8-2
Q28: Golf course developers who buy the land
Q29: If firms were required to pay the