-The Above Figure Shows the Marginal Private Cost Curve,marginal Social

question 33

Multiple Choice

-The above figure shows the marginal private cost curve,marginal social cost curve,and marginal social benefit curve for raising goats on a common pasture.The efficient outcome is raising ________.

• A) 0 goats
• B) 40 goats
• C) 50 goats
• D) 55 goats
• E) None of the above answers is correct.

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Definitions:

Range Finder

A device or tool used to measure the distance from the observer to a target, often employed in photography, golf, and surveying.

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The currently selected cell in a spreadsheet, where data entry or editing can be performed.

Formula AutoComplete

A feature in spreadsheet software that predicts and suggests formulas as the user starts typing, aiming to speed up data entry.