If a Positive Externality Results from the Consumption of Higher

question 24

Multiple Choice

If a positive externality results from the consumption of higher education, then the marginal benefit students receive from education:

• A)​equals the marginal social benefit.
• B)​is less than the marginal social benefit.
• C)​includes the marginal external benefit.
• D)​exceeds the marginal social benefit.

---

Definitions:

Cerebral Cortex

The outer layer of the cerebrum in the brain, involved in high-level functions such as sensory perception, cognition, and generating motor commands.

Frontal Lobes

Sections of the brain located at the front of each cerebral hemisphere, responsible for decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.

Somatosensory Cortex

A region of the brain responsible for processing sensory information from various parts of the body, relating to touch, temperature, and pain.

Motor Cortex

An area of the cerebral cortex that plays a crucial role in the planning, control, and implementation of voluntary movements.