Education has an external benefit. So to achieve the efficient level of education, an education voucher must equal the difference between the
A) marginal (private) cost and the marginal social benefit.
B) marginal (private) benefit and the marginal social benefit.
C) marginal social benefit and the marginal (private) cost.
D) dollar price and marginal (private) cost.
E) marginal (private) cost and the marginal social cost.
Question 2
Refer to the scenario above. What is Alice's optimal bidding price?
A) 25,000
B) 30,000
C) 24,000
D) 36,000
Structures of external, middle, and inner ear
Internal and external attributions
Summary of Coordination of Benefit Rules
In older adults, higher education is related to higher levels of ego development.
Stressing that education reproduces a country’s social class system, conflict theorists point out ...
Internal and external forces on the parties