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-The Above Figure Shows the Market for College Education in the United

Question 192

Multiple Choice

  -The above figure shows the market for college education in the United States.With no government intervention,the unregulated market equilibrium is ________ because education generates ________. A)  efficient; positive external benefits B)  inefficient; positive external benefits C)  inefficient; positive external costs D)  efficient; positive external costs E)  inefficient; public goods
-The above figure shows the market for college education in the United States.With no government intervention,the unregulated market equilibrium is ________ because education generates ________.


A) efficient; positive external benefits
B) inefficient; positive external benefits
C) inefficient; positive external costs
D) efficient; positive external costs
E) inefficient; public goods

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