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Title: If the government did not provide and subsidize education: Post by: seeb1999 on Jul 22, 2019 If the government did not provide and subsidize education:
▸ parents would acquire less education for their children than is efficient because some of the benefits of education are private and some are social. ▸ no children would receive an education because the benefits of education are public goods. ▸ parents would acquire the efficient quantity of education for their children, because all of the benefits of education are private. ▸ the education market would reach efficiency. Title: If the government did not provide and subsidize education: Post by: peaceout3000 on Jul 22, 2019 Content hidden
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