The Marginal Cost of Making a Given Quantity of a Congestible

question 32

Multiple Choice

The marginal cost of making a given quantity of a congestible public good available to more con?sumers is:

• A)always zero.
• B)positive and increasing.
• C)positive and decreasing.
• D)zero at first but eventually becomes positive and increasing.

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Definitions:

Non-Eligible Dividends

Dividends paid from income that has not been taxed at the corporate level, often subject to a different tax rate on the recipient's end.

Operating Cash Flow

Cash generated by a company's normal business operations, indicating its ability to generate enough cash to maintain or expand operations.

Current Liabilities

Financial obligations a company needs to settle within one year.

Note Payable

A financial obligation represented by a written promissory note which specifies the amount and terms under which the money must be repaid.