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Author Question: An efficiency argument for public provision of basic education is that (Read 14 times)

xman15.

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on: Oct 12, 2022
An efficiency argument for public provision of basic education is that
◦ the government is best able to assess the level of provision for which marginal cost equals marginal benefit.
◦ education cannot be efficiently provided by private firms.
◦ the government can best provide education up to that point where marginal benefit is zero.
◦ society as a whole benefits when all of its citizens have the basic skills and knowledge acquired from kindergarten to grade 12.
◦ many poor families could not afford to educate their children if they had to pay for it themselves.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by xman15. on Oct 12, 2022

bigboya

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Reply #1 on: Oct 12, 2022
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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xman15.

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

xiaomengxian

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Reply 3 on: Yesterday
Excellent

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