8 Select the correct answer. What economic concept is applied in this statement? By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. A. equilibrium B. law of demand C. law of supply D. negative externality E. positive externality

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kadin12365 kadin12365

10-08-2022
Business

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8 Select the correct answer. What economic concept is applied in this statement? By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. A. equilibrium B. law of demand C. law of supply D. negative externality E. positive externality

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anjithaka anjithaka · Answer 1 · 2022-08-18T13:17:12+02:00

By achieving more increased levels of education, students learn skills and exist better likely to be employed. In their jobs, they utilize their skills to deliver goods and services to others. A positive externality exists used in this statement.

What is a high level of education?

After a person finishes high school, they can follow higher education. It usually brings place at universities and colleges of different education and contains undergraduate and postgraduate examinations.

A person's educational level exists just directed to the highest and most contemporary academic level or school.

The economic concept that exists contained in this question can be referred to as positive externality.

Therefore, the correct answer is option E. positive externality.

To learn more about higher education, refer to;

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