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:

Facial Expressions

Visible changes in the face that communicate someone's emotions to others.

Cultural Influences

The impact of societal norms, values, beliefs, and practices on the behavior and attitudes of individuals within that society.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driving individuals towards achieving their objectives.