The Fact That Positive Externalities May Exist in Education Is

question 6

Multiple Choice

The fact that positive externalities may exist in education is not enough to justify government involvement.To justify government involvement,it must be shown that _____.

• A)the effect of the externalities are large
• B)the externalities are inframarginal
• C)people do not internalize the externalities
• D)education is an investment good

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Definitions:

Knowledge

Information, understanding, or skills acquired through experience or education; the theoretical or practical understanding of a subject.

Competitive-Edge Strategies

Tactics and approaches utilized by companies to gain a superior position in the marketplace and outrun their competitors.

Environmental-Change Strategies

are approaches organizations adopt to adjust and thrive in response to changes in the external environmental factors.

Risk-Management Strategies

Approaches and practices for identifying, assessing, and mitigating risks to minimize their impact on an organization.