An Efficiency Argument for Public Provision of Basic Education Is

question 31

Multiple Choice

An efficiency argument for public provision of basic education is that

• A)society as a whole benefits when all of its citizens have the basic skills and knowledge acquired from kindergarten to grade 12.
• B)the government can best provide education up to that point where marginal benefit is zero.
• C)the government is best able to assess the level of provision for which marginal cost equals marginal benefit.
• D)many poor families could not afford to educate their children if they had to pay for it themselves.
• E)education cannot be efficiently provided by private firms.

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Definitions:

Hourly Wages

Compensation paid to employees based on the number of hours worked, often set at a fixed rate per hour.

Sewing Machine Operators

Sewing machine operators are skilled workers who operate sewing machines to join, reinforce, decorate, or perform related sewing operations in the manufacturing of garment or non-garment products.

Sculpting Supplies

Various tools, materials, and accessories used by artists to shape and create sculptures.

Enrollment Costs

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