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

Author Question: Education generates external benefits. When these external benefits are not considered, the market ... (Read 148 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by HCHenry on Apr 19, 2019

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
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.
Answer Preview
Only 42% of students answer this correctly


HCHenry

  • Hero Member
  • *****
  • Posts: 591
Reply #2 on: Apr 19, 2019
Excellent


C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Internal and external hemmorrhoids. Internal and external hemmorrhoids.
Education System Education System
Use an Automated External Defibrillator Use an Automated External Defibrillator
Internal and External Loci of Control Internal and External Loci of Control
Internal and external hip rotation Internal and external hip rotation
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library