The Marginal Cost of Production That Is Borne by the Entire

question 42

Multiple Choice

The marginal cost of production that is borne by the entire society is called the marginal

• A) private cost.
• B) social cost.
• C) external cost.
• D) public cost.
• E) user cost.

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Definitions:

Paralysis

The loss of the ability to move (and sometimes to feel anything) in part or most of the body, typically as a result of illness, injury, or poison.

Blaming

Assigning responsibility for a fault or wrong to someone, often as a way to deflect accountability or to criticize.

Alimony

Financial support paid by one ex-spouse to another following divorce or separation, often to support the recipient's living expenses.

Child Support

Financial contributions required by law or court order to be paid by a noncustodial parent to support the well-being and upbringing of their child.