If Consumption of Education Creates an External Benefit, Then in Order

question 147

Multiple Choice

If consumption of education creates an external benefit, then in order to increase efficiency relative to the outcome determined by private decisions,

• A) more education must be produced.
• B) the same amount of education must be produced, and the price should be lower.
• C) less education must be produced, and the price should be higher.
• D) less education must be produced, and the price should be lower.
• E) less education must be produced at the same price.

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Definitions:

Sling

A device used to support and immobilize a broken or injured arm or shoulder, typically made of fabric that wraps around the neck and cradles the arm.

Straps

Devices, typically made of cloth, leather, or another flexible material, used to secure or support objects or body parts.

Activity Intolerance

A condition or state where an individual has insufficient physiological or psychological energy to endure or complete required or desired daily activities.

Excessive Weight

Carrying more body weight than is considered healthy for a given height, which can increase the risk of various health issues.