30. We subsidize public education because it ha:s b. Positive Its part of the co

Question

30. We subsidize public education because it ha:s b. Positive Its part of the constitution a. Negative c. Externalities Externalities 31. High School Student performance a. b. c. d. Has seen little change in test scores but higher graduation rates Has seen increases in test scores and higher graduation rates Has seen increases in test scores and lower graduation rates Has seen little change in test scores or graduation rates 32. What was the major factor in the increase in college prices over the last 20 years a. b. c. An Increase in Supply of colleges A decrease in Supply of colleges An increase in the demand for college degree A decrease in the demand for college degree 33. Why do colleges have little incentive to hold down costs a. Demand is elastic b. Demand is inelastic c. Supply is elastic d. Supply is unit elastic If one compares graduation rates of Charter schools to public schools and finds higher rates in Charter schools does that mean charter schools are more effective educators ves or no and why? (5 points) 34 35 36 37 38 Tenure for public school teachers (K-12) might be popular/desirable to taxpayers and elected officials. Why? (5 points) 39 40 41 42 43 Why might higher education need regulation and how does it relate to imperfect information? (3 points) 45 46

Explanation / Answer

30) The answer is b) Positive extenalities.

becasue, public education is good for the society as a whole to increase the standard of living of people and hence public education has a positive externaltities and hence government provides subsidy.

32) THe answer is C -) an increase in the demand for the college degree.

becuase , as the demand for college degree rises at each prive level, then the price of college degree must rise.

33) The answer is D -) Supply is unit-elastic.

please upload question again .. its against chegg policy, chegg policy to answer only 1 question .

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