Why is it likely that in a system of private education (i. a system in which individuals pay for their own education) there will be underinvestment…

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Why is it likely that in a system of private education (i.e. a system in which individuals pay for their own education) there will be underinvestment in education.

Question:Why is it likely that in a system of private education (i.e. a system in which individualspay for their own education) there will be underinvestment in education.Solution:A system in…

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