When a positive externality is present in an industry
A) resources are overallocated.
B) resources are underallocated.
C) resources are efficiently allocated.
D) there is insufficient information to determine.
Correct Answer:
Verified
Q13: As years of education is increased
A)marginal benefit
Q14: The opportunity cost of education
A)increases with the
Q15: The acquired skills and knowledge that make
Q16: Which of the following statements is true
Q17: Which of the following statements is most
Q19: _ are benefits received by third parties.
A)Positive
Q20: The largest cost of attending college is
A)tuition.
B)tuition
Q21: Societies will provide assistance and incentive to
Q22: Research on school choice reform programs
A)has been
Q23: As years of education are increased
A)external benefits
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