An efficiency argument for public provision of basic education is that
A) many poor families could not afford to educate their children if they had to pay for it themselves.
B) the government can best provide education up to that point where marginal benefit is zero.
C) the government is best able to assess the level of provision for which marginal cost equals marginal benefit.
D) society as a whole benefits when all of its citizens have the basic skills and knowledge acquired from kindergarten to grade 12.
E) education cannot be efficiently provided by private firms.
Correct Answer:
Verified
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