Table 15-1 -Refer to Table 15-1. the Marginal Revenue, When the Quantity

question 413

Short Answer

Table 15-1
-Refer to Table 15-1. The marginal revenue, when the quantity changes from 30 to 40 units, is

---

Definitions:

Pollution

The contamination of the natural environment by substances or energies that cause adverse effects on living organisms and ecosystems.

Marginal Social Benefit

The increased benefit for the public from producing or consuming an extra unit of a good or service.

Marginal Social Benefit

The additional benefit to society as a whole from the consumption of one more unit of a good or service.

Marginal Social Cost

The additional cost incurred by society as a whole due to producing one more unit of a good or service.