Figure 15-1 -When There Are Beneficial Externalities in a Market

question 207

Multiple Choice

Figure 15-1
-When there are beneficial externalities in a market,

• A)marginal social cost is above marginal private cost.
• B)marginal social benefit is above marginal private benefit.
• C)marginal social benefit is below marginal private benefit.
• D)marginal social cost is below marginal private cost.

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Details Pane

A GUI element that displays additional information about a selected file, folder, or object within a software application or operating system.

Display Quality

A term referring to the clarity, resolution, color accuracy, and the overall visual experience provided by a screen or display device.

SD

An abbreviation for Secure Digital, a non-volatile memory card format used in portable devices for storage.

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