Because education generates a positive externality, ______. A. Everyone who wants a college education should get one

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Because education generates a positive externality, ______.
A. Everyone who wants a college education should get one
B. Graduates’ marginal benefit exceeds the society’s value of the education
C. The quantity of education undertaken will achieve the social interest if it is free
D. Subsidies to colleges or vouchers to students are means of achieving the efficient number of graduates

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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