Sign In Sign Up Ask an AI advisor
genny42
genny42
07.10.2021 • 
Business

Governments provide free public education for kindergarten through high school because Group of answer choices there are positive externalities when individuals are educated and without the subsidy education would be underproduced (i.e., there would too few people receiving K-12 education relative to the efficient outcome). there are negative externalities when individuals are educated and without the subsidy education would be overproduced (i.e. too many people would receive K-12 education relative to the efficient outcome). there are positive externalities when individuals are educated, but the subsidy does nothing to change how many people are educated there are positive externalities when individuals are educated and the subsidy helps to reduce the imperfect information problem

Solved
Show answers

Ask an AI advisor a question

I want advice