Question: A) Sometimes, when a worker gets more education, it allows her or him to help coworkers increase their productivity on the job. This is an

A) Sometimes, when a worker gets more education, it allows her or him to help coworkers increase their productivity on the job. This is an example of an externality. Describe conditions under which the presence of this kind of externality increases the socially efficient level of education subsidies. Describe conditions under which presence of this kind of externality does not increase the socially efficient level of education subsidies. Explain.

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