At the Current Level of Output, the Marginal Social Benefit

question 116

Multiple Choice

At the current level of output, the marginal social benefit from a slice of pizza is less than the marginal social cost of producing a slice of pizza. Resources will be used more efficiently if _______
Slices of pizza are produced and _______ other goods are produced.

• A) fewer; more
• B) more; fewer
• C) fewer; fewer
• D) more; more

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Definitions:

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Retroactive Interference

The backward-acting disruptive effect of newer learning on the recall of old information.

Previously Learned Information

Knowledge or skills that have been acquired or understood in the past and can influence current understanding or behavior.

Toothbrushing

The act of cleaning the teeth with a toothbrush and usually toothpaste to maintain oral hygiene.