Education · Economics of Education
Identify the correct statements from the following: A. Factor cost of education can be exactly put in the same fashion as treated in the case of a firm or an industry. B. There are no separate price indices for use in educational set up. C. Educational demand is an external determinant of educational cost. D. Rate of economic growth does not limit availability of revenues to education. E. Unit costs have been used in the literature in many ways according to the objectives in view. Choose the correct answer from the options given below:
- 1A, B, D Only
- 2A, B, E Only
- 3B, C, D Only
- 4B, C, E Only✓
Correct answer
B, C, E Only
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