Do you get a worse education on average

Assignment Help Other Subject

Reference no: EM131830889

a. Is education-a college course, for instance-excludable?

b. Is education a rival good? That is, if your class has more students, do you get a worse education on average? Do students (and parents) typically prefer smaller class sizes? Do professors typically prefer smaller classes? Does it usually cost more for a school to educate more students?

c. According to the standard economists' definition of a public good-the definition we use in this chapter-is education a public good?

d. Into which of the four categories from Table 19.1 does education seem to fit best?

Reference no: EM131830889

Questions Cloud

Formulas for the expectation and variance for the sum : What are the formulas for the expectation and variance for the sum and for the differences of two random variables? How might these formulas

Instrumental responses are correlated : Two instruments used to measure a certain phenomenon give separate responses y1 and y2 with variances s21 and s22.

Estimate p from repeated pairs : Estimate p from repeated pairs of y1 and Y2 and (b) use the sums and difference of the responses.

Write a program that reads in three floating-point numbers : Write a program that reads in three floating-point numbers and prints the largest of the three inputs. For example:

Do you get a worse education on average : According to the standard economists' definition of a public good-the definition we use in this chapter-is education a public good?

Natural standard deviation of a sample of observations : What is meant by the natural variance and natural standard deviation of a sample of observations?

Calculate the average-sample variance-recorded shear : Calculate the average, sample variance, and sample standard deviation.

What is going on in this picture of the east texas oil field : Two girls are sharing a cold chocolate milk, as in the picture. How long do you think it will take them to drink all the milk?

Calculate the average sample variance : The results (in centimeters) were as follows: 1.02501 1.0252, 1.0249, 1.0249. Calculate the average. sample variance, and sample standard deviation.

User Account

All Pages