If a Positive Externality Results from Higher Education, _____

question 67

Multiple Choice

If a positive externality results from higher education, _____.

• A)the marginal benefit students receive from education equals the marginal social benefit
• B)the marginal benefit students receive from education is less than the marginal social benefit
• C)the private cost of education exceeds the social cost
• D)the marginal benefit students receive from education exceeds the marginal social benefit
• E)the private cost of education is less than the social cost