If Drivers Decide to Make Phone Calls Without Considering the Costs

question 154

Multiple Choice

If drivers decide to make phone calls without considering the costs imposed on others,the:

• A)number of phone calls made while driving will be more than the socially optimal quantity.
• B)number of phone calls made while driving will be fewer than the socially optimal quantity.
• C)marginal social cost curve will lie below the marginal cost of production curve.
• D)marginal social benefit curve will lie below the marginal social cost curve.

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Definitions:

Pride

A feeling of deep satisfaction derived from one's own achievements, the achievements of those with whom one is closely associated, or from qualities or possessions that are widely admired.

Motivates

Inspires or stimulates someone to act in a way that achieves goals or fulfills desires.

Developmental Program

A structured set of activities designed to improve skills, knowledge, or competency in a specific area or field.

Total Sales Revenue

The sum of all income generated by the sales of goods or services by a company before any costs or expenses are deducted.