Education benefits both students and the community. If students who purchase education consider only their own benefits when determining how much education to obtain, and schools consider only the cost of producing education when determining how much to supply, the social benefit is greater / than less than the private benefit and the amount of education produced will be above / below the socially efficient amount.

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand

The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?