If a Positive Externality Is Associated with College Enrollment, Then

question 14

True/False

If a positive externality is associated with college enrollment, then when college instruction is provided in a competitive market, the marginal social benefit of enrollment will exceed its marginal social cost in equilibrium.

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Definitions:

John Kerry

A former U.S. Secretary of State and a political figure known for his involvement in environmental, diplomatic, and veteran affairs.

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Single values that serve as the best guess or prediction for an unknown population parameter.

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The average of all the values in a population, representing the central point of a data set.

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