Because There Are External Benefits from Higher Education

question 195

Multiple Choice

Because there are external benefits from higher education:

• A) private markets will oversupply college classes.
• B) government intervention cannot improve the market for college classes.
• C) the government should impose a tax on college students.
• D) private markets will undersupply college classes.

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Definitions:

Artifacts

Symbols of culture in the physical and social work environments.

Organizational Culture

The shared values, beliefs, and practices that shape the behavior and attitudes of members within an organization.

Conscious Assumption

A belief or idea that is accepted as true without proof or empirical evidence, adopted deliberately by an individual.

Edgar Schein

A renowned organizational psychologist known for his contributions to the theory of organizational culture, leadership, and group dynamics.