If Education Creates Positive Externalities

question 129

Multiple Choice

If education creates positive externalities,

• A)private markets provide less than the socially optimal quantity of education
• B)private markets provide more than the socially optimal quantity of education
• C)the marginal private benefit curve is higher than the marginal social benefit curve
• D)the marginal private cost curve is higher than the marginal social cost curve
• E)the government should impose a depletion tax

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Definitions:

Professional Talking

The practice of communicating using business-appropriate language and terminology.

Phone Techniques

Methods or strategies used to communicate effectively and professionally during telephone conversations.

Senses Words

Words that evoke sensory experiences, relating to sight, sound, touch, taste, or smell, enhancing descriptive writing.

Paralanguage

Paralanguage refers to the non-verbal elements of communication used to modify meaning and convey emotion, such as tone of voice, loudness, and pitch.