-The Above Figure Shows the Marginal Social Benefit and Marginal

question 53

Multiple Choice

-The above figure shows the marginal social benefit and marginal social cost curves of coffee in the nation of Kaffenia. When 400 pounds of coffee are produced and consumed in Kaffenia each day, that is

• A) more efficient than when 300 pounds are produced and consumed because more is always better than less.
• B) inefficient because the marginal social benefit exceeds the marginal social cost.
• C) inefficient because the marginal social cost of the 400th pound exceeds its marginal social benefit.
• D) inefficient because the opportunity cost of producing more coffee exceeds its marginal social benefit.

---

Definitions:

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often leading to increased interconnectedness and interdependence.

Emile Durkheim

A founding figure in the discipline of sociology, known for his contribution to the understanding of social order, social solidarity, and the function of religion in society.

Social Integration

The process by which individuals or groups are incorporated into the social structure, achieving a sense of belonging and participation in societal activities.

Industrial Revolution

A period of major industrialization that occurred during the late 1700s and early 1800s, resulting in significant technological, economic, and social changes.