If Drivers Decide to Make Phone Calls Without Considering the Costs

question 154

Multiple Choice

If drivers decide to make phone calls without considering the costs imposed on others,the:

• A)number of phone calls made while driving will be more than the socially optimal quantity.
• B)number of phone calls made while driving will be fewer than the socially optimal quantity.
• C)marginal social cost curve will lie below the marginal cost of production curve.
• D)marginal social benefit curve will lie below the marginal social cost curve.

---

Definitions:

Pumpkin

A large, round, orange vegetable that is commonly grown as a food source and used as decoration, especially during Halloween and Thanksgiving.

Opportunity Cost

Opportunity cost refers to the benefit that is missed or given up when choosing one alternative over another.

Mutually Advantageous

A situation or agreement that provides benefits to all parties involved, often used in the context of trade or negotiations.

Ice Cream

A frozen dessert made from dairy products, such as milk and cream, often combined with fruits, flavors, or other ingredients.