Explain about the PRIVATE COST of EDUCATION.

Do individuals have a right to free health care? Do they have a right to force others to provide them with free health care?

Is education a public good? Does education have external benefits? If so, what are some of those public benefits? In your opinion are the external benefits large or small? Why? What should government do to promote the efficient provision of products that have external benefits? If you think that government should put more resources into education, what might be some of the opportunity costs of that decision? How would an economist determine the right amount of government support for education?

If education has private benefits to an individualas well as external benefits to society, explain whya less-than-optimal amount of education occurs.

Within a laissez faire system, the government should only perform those activities that the private sector of the economy is incapable of? What kinds of activities do you think the government ought to                           legitimately perform in a laissez faire system?

Markets work; government does not. Explain your answer.