Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Analysis externality on education.

Education and Externalities

(a) Illustrate what are some of the positive externalities of education?

(b) Why would not the higher salary received by educated workers be considered a positive externality, whereas the additional tax revenue received by the government from these higher wages are?

(c) Why might higher education provide fewer positive externalities than primary/secondary education?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M918214

Have any Question?


Related Questions in Business Economics

The risk-free rate is 6 and the expected rate of return on

The risk-free rate is 6% and the expected rate of return on the market portfolio is 13% a.  Calculate the required rate of return on a security with a beta of 1.15.  (Do not round intermediate calculations. Enter your an ...

A mixture of three water samples will test positive for a

A mixture of three water samples will test positive for a contaminant if at least one of the samples contains it. If the contaminant is present in 7% of samples, find the probability that: 1. The mixture tests positive: ...

Some economics textbooks refer to the factors of production

Some economics textbooks refer to the factors of production as follows: Land, Labor, Capital, and Entrepreneurship. Why does Peter Klein say that it is inaccurate to include entrepreneurship as one of the factors? Explai ...

According to the law of diminishing marginal utility the

According to the Law of Diminishing Marginal Utility, the consumer will receive less satisfaction when they consume additional units of goods and services. Explain 3 ways how the firm can influence the consumer purchasin ...

A random sample of 15 families of four traveling in hawaii

A random sample of 15 families of four traveling in Hawaii have a mean daily cost for meals and lodging of $627 with a standard deviation of $168. Answer the following to create 90% confidence interval for the true mean ...

A video movie store owner finds that 30 of the customers

A video movie store owner finds that 30% of the customers entering the store ask an assistant for help and that 20% of the customers make a purchase before leaving. It is also found that 15% of all customers both ask for ...

How technology government regulations international

How technology, government regulations, international factors, expectations about the future, and the macroeconomy play a role in managerial decision-making? Carefully explain each by giving example.

In a survey of 3236 adults 1470 say they have started

In a survey of 3236 adults, 1470 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results.

Why is the labor demand for an individual firm in a

Why is the labor demand for an individual firm in a competitive industry more elastic than the labor demand for the entire industry?

Why do households need to hold a mixture of bonds and money

Why do households need to hold a mixture of bonds and money? What determines the proportion of bonds/money that household keeps?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As