Suppose a Firm Produces Pollution When It Generates Electricity

question 60

Multiple Choice

Suppose a firm produces pollution when it generates electricity. The cost of the pollution for an additional unit of electricity is called the

• A) marginal external cost.
• B) marginal private cost.
• C) marginal cost.
• D) marginal social cost.

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Definitions:

Psychokinesis

The supposed ability to move or manipulate objects with the mind without physical interaction.

Dissociation

A psychological process where a person disconnects from their thoughts, feelings, memories or sense of identity.

Phantom Limb Sensations

The phenomenon where individuals experience sensations, often painful, in a limb that has been amputated.

Kinesthesia

The sense of movement, allowing an individual to sense the position, weight, and movement of the muscles, tendons, and joints.