Suppose that an MBA degree creates no externality because the benefits of an MBA are internalized by the student in the form of higher wages. If the government offers subsidies for MBAs, then which of the following statements is correct?
a. The equilibrium quantity of MBAs will equal the socially optimal quantity of MBAs.
b. The equilibrium quantity of MBAs will be greater than the socially optimal quantity of MBAs.
c. The equilibrium quantity of MBAs will be less than the socially optimal quantity of MBAs.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that an MBA degree creates no externality because the benefits of an MBA are internalized by the student in the form of higher ...” in 📘 English if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Write a periodic sentence using the word brittle
Answers (1)
What is the author's purpose for including this in the introduction wheels of change?
Answers (1)
What human rights issues were in the book of mice and men?
Answers (1)
Which sentence uses a verb in the interrogative mood? A) Did you score a touchdown at the football game? B) At last week's football game, you scored two touchdowns! C) I wondered if you scored a touchdown at the football game.
Answers (1)
How did Miss Maudie react to the verdict in To kill a mocking bird?
Answers (1)
New Questions in English
According to the introduction, Mary Shelley wanted to write what type of ghost story? A.) one that involved a tragic heroine B.) one that preyed on people's fear of sea creatures C.) one that evoked the unspoken fear of humans D.
Answers (2)
Which of the following best describes the central idea of "To His Excellency, General Washington"? A. American patriotism and independence was guided by the powers of God. B. Washington was a righteous man. C.
Answers (1)
Which statement best compares the structure of "harlem" and "The Weary Blues"?
Answers (1)
Which underlined phrase correctly identifies an allusion? (As she left the concert hall,) Shonda was as bright as the sun because her recital was a brilliant success; Mozart could not have played the piece better.
Answers (2)
Which choice best defines a word's connotative meaning? the literal meaning of the word the author's attitude toward the word the interpretation of the word found in a thesaurus the feeling and association that the word evokes
Answers (2)