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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

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