The Difference Between Social Cost and Private Cost Is a Measure

question 449

Multiple Choice

The difference between social cost and private cost is a measure of the

• A)loss in profit to the seller as the result of a negative externality.
• B)cost of an externality.
• C)cost reduction when the negative externality is eliminated.
• D)cost incurred by the government when it intervenes in the market.

Grasp the global dynamics of commercial fishing and aquaculture.

Comprehend sustainable agriculture techniques and their impact on poverty reduction.

Recognize the importance of managing rangelands to prevent overgrazing and support biodiversity.

Identify the consequences of soil erosion and water pollution from different agricultural practices.

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Definitions:

Scholarship Recipients

Individuals who have been awarded financial support for their education, often based on academic or other achievements.

Verb Agree

The grammatical rule that verbs must match their subjects in number and person within a sentence.

Faculty

The academic staff of a university or college, or a specific grouping of teachers or departments.

Coach And Manager

A combination that refers to individuals who oversee, train, and direct a team or a department, where 'coach' typically implies a focus on personal development and performance improvement, and 'manager' involves administrative and organizational responsibilities.