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.

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 class=

Respuesta :

The economic concept that is applied in the statement is D. positive externality.

What is a positive externality?

Positive externality refers to the production and consumption of a good or service that benefits some other third parties, who are not directly involved in the transaction.

Some examples of activities that create positive externality include:

  • Education
  • Vaccination
  • Local investments
  • Building of infrastructure.

Thus, the economic concept that is applied in the statement is D. positive externality.

Learn more about positive externalities at https://brainly.com/question/477170

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