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Author Question: Education generates external benefits. When these external benefits are not considered, the market ... (Read 126 times)

HCHenry

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on: Apr 19, 2019

Question 1

If a subsidy is granted to perfectly competitive firms that provide external benefits to society, the firm's marginal cost curve will shift ________ and the industry supply curve will shift to the ________.


◦ down; left
◦ down; right
◦ up; right
◦ up; left

Question 2

Education generates external benefits. When these external benefits are not considered, the market will produce


◦ an efficient level of education.
◦ more than the efficient level of education.
◦ less than the efficient level of education.
◦ zero units of education.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by HCHenry on Apr 19, 2019

C.mcnichol98

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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HCHenry

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Reply #2 on: Apr 19, 2019
Excellent


C.mcnichol98

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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