Mark Loves Ice Cream

question 21

Multiple Choice

Mark loves ice cream.At any point in time,he will buy an additional ice cream cone if

• A) the marginal benefit from it exceeds the price.
• B) the marginal benefit from it is zero.
• C) his willingness to pay is less than the price.
• D) there is no deadweight loss produced by his purchase of a cone.
• E) None of the above answers is correct.

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Definitions:

Pyroclastic Flow

A fast-moving current of hot gas and volcanic materials (such as ash and rock fragments) that flows down the side of a volcano during an explosive eruption.

Mudflows

Fast-moving rivers of mud, usually triggered by heavy rainfall or volcanic activity, capable of causing significant damage.

Landslides

The rapid movement of a large amount of earth material, such as rock or soil, down a slope, often triggered by rain or earthquakes.

Mudflows

Rapidly flowing mixtures of water and sediment, usually occurring in areas with steep terrain and loose soil, often initiated by intense rainfall or volcanic activity.