The Cost of Producing an Additional Unit of a Good

question 13

Multiple Choice

The cost of producing an additional unit of a good or service that falls on people other than the producer of that good or service is the

• A) marginal social cost.
• B) marginal private cost.
• C) marginal external cost.
• D) None of the above answers is correct.

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Definitions:

Basal Angiosperms

Three clades of angiosperms that are thought to be ancestral to all other flowering plants. Compare with core angiosperms.

Core Angiosperms

A group within the angiosperms (flowering plants) that includes most of the common and well-known flowering plants.

Amborella Trichopoda

A flowering plant species considered to be among the most primitive of living angiosperms, providing insights into the early evolution of flowering plants.

Flowering Plants

Plants that produce flowers for reproduction, scientifically known as angiosperms, characterized by seeds enclosed within fruit.