Use the Figure Below to Answer the Following Questions

question 54

Multiple Choice

Use the figure below to answer the following questions.
Figure 17.2.1
-Refer to Figure 17.2.1.Curve MB_A is Andrew's marginal benefit curve for a private good and curve MB_B is Betty's marginal benefit curve for the same private good.If Andrew and Betty are the only two consumers in the economy,which point would be on the economy's marginal social benefit curve?

• A)price of $20,quantity of 3 units
• B)price of $20,quantity of 4 units
• C)price of $10,quantity of 4 units
• D)price of $30,quantity of 0 units
• E)price of $60,quantity of 1 units

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Definitions:

Silica-rich Organisms

Organisms, such as certain diatoms and sponges, that have skeletons made predominantly of silica (SiO2) compounds.

Seawater

The salty water that fills the oceans and seas, covering most of the Earth's surface.

Sediment Deposition

The process by which sediment settles out of the transportation medium and accumulates on a surface, forming layers of sediment.

Current Movement

The motion of water in a defined direction within bodies of water, influenced by various factors including wind, water density, and the Earth's rotation.