If the Marginal Social Benefit of a Good Equals the Marginal

question 192

Multiple Choice

If the marginal social benefit of a good equals the marginal private benefit of the good, then the marginal external benefit of the good

• A) is zero.
• B) equals the marginal social benefit.
• C) equals the marginal social cost.
• D) equals the marginal private cost.

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Definitions:

Shift Registers

Digital circuits that shift the data stored within them by one position either to the right or left when a control signal is applied.

Control Processes

Methods and procedures used to monitor, adjust, and manage the operation of systems or processes to achieve desired outcomes, emphasizing regulation and manipulation of variables.

Destination

The end point or target location to which data, signals, or physical items are directed in a system or process.

SQO Instruction

An operational code in programming used to control sequencing outputs in a predefined cyclic pattern.