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Suppose that an MBA degree creates no externality because the benefits of an MBA are captured by the student in the form of higher wages. If there are no government subsidies for MBAs, then which of the following statements is correct?
Brain
The organ located in the skull, responsible for coordinating sensation, intellectual and nervous activity.
Autonomic Nervous System
The part of the nervous system that unconsciously controls the functions of internal organs and glands.
Skeletal Muscle
A type of striated muscle tissue attached to bones and under voluntary control, responsible for movement.
Cardiac Muscle
Specialized muscle tissue found only in the heart, capable of continuous, rhythmic contractions to pump blood throughout the body.
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