The positive externality associated with education is
a. producers can get higher prices for their goods and services
b. less crowding in classrooms
c. the increase in society's well-being and economic growth
d. the moderation in technological progress associated with basic research
e. the inability of non-contributors to benefit from education
C
Economics
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Caseload reduction should be viewed as the sole measure of poverty performance
Indicate whether the statement is true or false
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One of the necessary conditions for price discrimination to occur is that:
a. buyers in different markets have different elasticities of demand. b. the demand curve is upward sloping. c. buyers must be allowed to resell the good at a higher price elsewhere. d. all of these are necessary for price discrimination to occur.
Economics