Education creates substantial external benefits

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If the production or consumption of a good such as education creates substantial external benefits, then too:

a. much of the good will be produced unless producers are subsidized.

b. much of the good will be produced unless producers are taxed.

c. little of the good will be produced unless producers are subsidized.

d. little of the good will be produced unless producers are taxed.

Reference no: EM13696804

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