The fact that positive externalities may exist in education is not enough to justify government involvement. To justify government involvement, it must be shown that _____.
a. the effect of the externalities are large
b. the externalities are inframarginal
c. people do not internalize the externalities
d. education is an investment good
Question 2
The above figure shows four different markets with changes in either the supply curve or the demand curve. Which graph best illustrates the market for computers after technological advances in making computers occur?
A) Graph A
B) Graph B
C) Graph C
D) Graph D
Intradermal drug administration: (a) cross section of skin showing depth of needle insertion Source:
Intradermal drug administration: (b) the administration site is prepped Source: Pearson Education/PH
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Constant velocity versus positive velocity
The peptidoglycan layer of Gram-positive bacteria