This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The positive externality associated with education is: a. producers can get higher prices for their ... (Read 117 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The positive externality associated with education is:
 a. producers can get higher prices for their goods and services.
  b. less crowding in the classrooms.
  c. increases in societal well-being and economic growth.
  d. technological progress slows as basic research increases.
  e. the market excludes noncontributors to education from benefits.

Question 2

When there is market failure due to a negative externality,
 a. innocent people will suffer since it cannot be corrected.
  b. setting price equal to marginal social cost will solve it.
  c. the free market produces too little output.
  d. externalities have been taken into account.
  e. the best solution eliminates the externality entirely.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

I'm Positive! I'm Positive!
Gram positive S. pyogenes bacteria in chains. Gram positive S. pyogenes bacteria in chains.
Race-Ethnicity and Education Race-Ethnicity and Education
If the gauge reading is now much higher than the first test results, then the cause of the low ... If the gauge reading is now much higher than the first test results, then the cause of the low ...
Mechanisms of positive control of transcription Mechanisms of positive control of transcription
Both Chvostek sign, A, and Trousseau sign, when positive, B Both Chvostek sign, A, and Trousseau sign, when positive, B
Video: Fermentation - When Oxygen Is Absent, Pyruvate to Lactate & Pyruvate to Ethanol

For a complete list of videos, visit our video library