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In a market with few firms with varied production processes and cost structures, the pollution reducing strategy would be more efficient in
1. a clause that required all K–12 students to take a standardized national test and a clause that gave kids in failing public schools scholarships to attend private institutions.
2. a clause requiring schools to display favorable test results for all child subgroups and a clause allowing parents of students in underperforming schools to move their children to performing schools.
What is Scholarships?
Scholarships are types of financial aid intended to assist students in covering the cost of an undergraduate or graduate degree. A scholarship may at times be a one-time payment. Other school scholarships offer money to students each semester or academic year and are renewable.
Students might get a check in their name for the money directly. In other instances, the student's school receives the funding. When that occurs, the student would then reimburse the institution for any remaining tuition, fees, housing, and board costs. The remaining funds are returned to the student if scholarships and other kinds of financial help are sufficient to cover direct education expenditures.
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