a. Is education—a college course, for instance—excludable?
b. Is education a rival good? That is, if your class has more students, do you get a worse education on average? Do students (and parents) typically prefer smaller class sizes? Do professors typically prefer smaller classes? Does it usually cost more for a school to educate more students?
c. According to the standard economists’ definition of a public good—the definition we use in this chapter—is education a public good?
d. Into which of the four categories from Table 19.1 does education seem to fit best?