State the Property or Properties That Justify the Following Statement $(3+5)+7=3+(5+7)$

question 140

Multiple Choice

State the property or properties that justify the following statement. $(3+5) +7=3+(5+7)$

• A) Additive identity.
• B) Associative property of multiplication.
• C) Distributive property of multiplication.
• D) Associative property of addition.
• E) Commutative property of addition.

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Definitions:

Marginal Cost

The money required to produce another unit of a product or service.

Public Good

A benefit of goods or services, free of charge to everyone in society, provided by public authorities or private organizations or individuals, without seeking financial gain.

Samuelson's Theory

Refers to Paul Samuelson's economic theories, particularly his contributions to public goods, welfare economics, and consumption theory.

Public Expenditure

Government spending on goods and services, including infrastructure projects, healthcare, and education, intended for the public's benefit.