The Weights (In Pounds) of Babies Born at St Maryʹs

question 69

Multiple Choice

The weights (in pounds) of babies born at St Maryʹs hospital last month are summarized in the table. $$\begin{array}{l}\begin{array} { c | c } \text { Weight (lb) } & \text { Number of Babies } \\\hline 5.0 - 5.8 & 7 \\5.9 - 6.7 & 18 \\6.8 - 7.6 & 20 \\7.7 - 8.5 & 10 \\8.6 - 9.4 & 5\end{array}\\\text { Find the class width. }\end{array}$$

• A) 0.9 lb
• B) 0.8 lb
• C) 0.95 lb
• D) 0.85 lb

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Definitions:

Property Right

A legal right or privilege, granted by law, to use, control, and derive benefits from a resource or property.

Marginal Social Cost

The cumulative expense to society for creating one more unit of a product or service, encompassing both the personal costs and any external effects.

Private Marginal Cost

Private marginal cost refers to the cost that a company incurs for producing an additional unit of a good or service, excluding any external costs.

Marginal Social Cost

The total cost to society of producing one additional unit of a good or service.