Question: If the best solution to solving the positive externality problem of education is to provide a subsidy, explain why educational systems in all countries are

If the best solution to solving the positive externality problem of education is to provide a subsidy, explain why educational systems in all countries are government entities.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The provision of education as a government entity in many countries can be attributed to several factors including the nature of education as a public ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Microeconomics Questions!