If the Marginal External Cost of Building a Children's Playground

question 145

Multiple Choice

If the marginal external cost of building a children's playground equals zero, then the

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

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Definitions:

Afterimages

Visual phenomena where an image continues to appear in one's vision after the exposure to the original image has ceased.

Colorblindness

A visual impairment in which an individual has difficulty distinguishing between certain colors, usually between red and green, due to absent or defective color-sensitive cells in the eyes.

Perceptual Constancy

The brain's ability to recognize objects as constant and unchanging despite changes in sensory input such as lighting, distance, or angle.

Linear Perspective

A depth cue in visual perception where parallel lines appear to converge in the distance, helping to create an illusion of depth in a two-dimensional image.