When the government provides K-12 education because educated children provide an external benefit to society, it is addressing which type of mark failure? O Imperfect information O Market power O Negative externality Positive externality O Public good

When the government provides K-12 education because educated children provide an external benefit to society, it is addressing which type of mark failure? O Imperfect information O Market power O Negative externality Positive externality O Public good

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter12: Environmental Protection And Negative Externalities

Section: Chapter Questions

Problem 29CTQ: Suppose you want to put a dollar value on the external costs of carbon emissions from a power plant....

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Question

Answer this for me mate. Much appreciated.

When the government provides K-12 education because educated children provide an external benefit to society, it is addressing which type of market
failure?
O Imperfect information
O Market power
O Negative externality
O Positive externality
O Public good

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