An external benefit is created when you pursue a university education.

Name: An external benefit is created when you pursue a university education.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Pursuing a university education not only benefits the individual, but it also has positive impacts on society as a whole, such as increasing the overall education level of the population and contributing to economic growth. These benefits are considered external because they extend beyond the individual and are enjoyed by others.

An External Benefit Is Created When You Pursue a University