Why does education lead to external benefits?
A) Little pollution is created when educating people.
B) People who become better educated get better jobs.
C) Better educated people are more motivated to succeed.
D) Better educated people commit less crimes.
Correct Answer:
Verified
Q38: Suppose that firms in the chemical industry
Q39: When does an externality occur?
A) when only
Q40: What are private costs?
A) costs borne by
Q41: If there are significant external costs associated
Q42: FIGURE 6-2 Q44: Under what circumstances will people or firms Q45: What is the term for the benefit
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