By paying college students a subsidy equal to the external benefit from a college education, the government will cause students to internalize the externality. that is, the external benefit from a college education will become a a. social benefit received by producers, and the supply curve for college educations will shift up. b. private benefit received by college students, and the demand curve for college educations will shift up. c. social benefit received by producers, and the supply curve for college educations will shift down. d. private benefit received by college students, and the demand curve for college educations will shift down.

What is the difference between binding and non-binding arbitration? a. non-binding arbitration means that the arbitration hearing is not held in a court room. b. binding arbitration means that the parties have agreed they will not challenge in court the ruling from the arbitration c. binding arbitration exists only at the appellate level of the court system. d. non-binding arbitration occurs when the court does not have jurisdiction over one of the parties in the arbitration. what is the difference between binding and non-binding arbitration? a. non-binding arbitration means that the arbitration hearing is not held in a court room. b. binding arbitration means that the parties have agreed they will not challenge in court the ruling from the arbitration c. binding arbitration exists only at the appellate level of the court system. d. non-binding arbitration occurs when the court does not have jurisdiction over one of the parties in the arbitration.

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On a production possibility curve, data points that fall outside of the curve represent what