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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

Respuesta :

The economic concept applied in this statement is of a positive externality.  So, option (E) is the correct answer.

What is a positive externality in economics?

In the given context, the three primary notions are "skills," "students," and "jobs." The concept of positive externality comes into play when the consumption or production (skills) of good results (getting hired)  benefits a third party (students).

Check out the link below to know more about economic externalities:

https://brainly.com/question/16291971

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