Which of the Following Statement Is Not Correct

question 58

Multiple Choice

Which of the following statement is not correct?

• A)The word potato is derived from the Arawak Indian word batata (actually for the sweet potato).
• B)Every state in the United States grows potatoes.
• C)Potato chips were developed by George Crum in New York State.
• D)The potato plant is a stringy,vine-like perennial.
• E)The fruit of the potato is a many-seeded berry.

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Definitions:

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they are available for everyone to consume without reducing the amount available for others.

Marginal Social Benefit

The additional benefit to society from the consumption of an additional unit of a good or service.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning that no one can be excluded from their use and one person's use does not reduce availability to others.

Private Benefit

The direct advantage or gain obtained by an individual or firm from their economic activities, without considering the impacts on third parties.