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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 1
If education has private benefits to an individual as well as external benefits to society, explain why a less-than-optimal amount of education occurs.
Explanation
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Private benefit:
The private benefit is...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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