(Figure: Marginal Benefit I) Which of the Following Statements Is

question 84

Multiple Choice

(Figure: Marginal Benefit I) Which of the following statements is (are) TRUE? I. The external marginal benefit is $7.
II) The socially optimal price is $5.
III) At an output level of 5 units, the deadweight loss is $6.
IV) At 8 units of output, there is no private marginal benefit and social marginal benefit is $4.

• A) III
• B) II, III, and IV
• C) I, II, and III
• D) IV

---

Definitions:

Rupture

In psychology, refers to a break or disruption in the therapeutic alliance between a therapist and client, which requires repair to continue effective therapy.

Dendritic Proliferation

The growth or increase in the branching of dendrites, which are extensions of neurons that help in the transmission of electrical signals in the brain.

Transient Exuberance

The rapid and temporary increase in the number of neural connections in the brain, which occurs in early childhood.

Pruning

The process by which the brain reduces the number of synaptic connections, typically occurring during puberty to increase the efficiency of neuronal transmissions.