Economics Education yields positive externalities. For example,O a. a more educated population tends to result in lower crime rates.O b. when students go to school, they reinforce the demand for teachers.c. as a result of earning a college degree, a person becomes a more productive worker and benefits by earning higher wages.d. colleges and universities have benefited, in recent years, from increases in tuition paid by students.

An externality is considered the impact of an action that comes at a cost of personal loss or…

Education yields positive externalities. For example, O a. a more educated population tends to result in lower crime rates. b. when students go to school, they reinforce the demand for teachers. O c. as a result of earning a college degree, a person becomes a more productive worker and benefits by earning higher wages. O d. colleges and universities have benefited, in recent years, from increases in tuition paid by students.

Education yields positive externalities. For example, O a. a more educated population tends to result in lower crime rates. b. when students go to school, they reinforce the demand for teachers. O c. as a result of earning a college degree, a person becomes a more productive worker and benefits by earning higher wages. O d. colleges and universities have benefited, in recent years, from increases in tuition paid by students.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter22: Frontiers Of Microeconomics

Section: Chapter Questions

Problem 4PA

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