No Individual Is Willing to Pay to Provide the Efficient

question 9

Multiple Choice

No individual is willing to pay to provide the efficient level of a public good since the:

• A)marginal cost of production is zero.
• B)good will be nonrival and thus underconsumed.
• C)individual's marginal benefit is less than the marginal social benefit.
• D)marginal benefit of allowing one more individual to consume the good is zero.

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Definitions:

Media Violence

The representation of acts of physical aggression and harm in various forms of media, and its potential impact on behavior.

Aggression

A range of behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.

Health Professionals

Individuals who provide preventive, curative, promotional, or rehabilitative health care services in a systematic way to individuals, families, or communities.

Biological Preparedness

Readiness to acquire a certain kind of CR due to the biological makeup of the organism.