Marginal External Benefit Equals

question 6

Multiple Choice

Marginal external benefit equals

• A)marginal social benefit plus marginal private benefit.
• B)marginal social benefit minus marginal private benefit.
• C)marginal social benefit times marginal private benefit.
• D)total social benefit minus total private benefit.
• E)total social benefit plus total private benefit.

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Definitions:

Open Discussion

A forum or meeting format where participants are free to express their thoughts, ideas, and opinions without strict restrictions.

Dissent

The expression or holding of opinions at variance with those previously, commonly, or officially held.

Bureaucratic Inefficiency

Bureaucratic inefficiency refers to the lack of effectiveness and productivity in government agencies or organizations, characterized by excessive red tape, slow processes, and unresponsiveness.

Social Structure

The ordered and patterned relationships between and among different statuses and groups in a society, which influence people's choices, behaviors, and opportunities.