When Freewriting, Your Goal Is to

question 34

Multiple Choice

When freewriting, your goal is to

• A) identify and correct grammatical and spelling errors.
• B) figure out what you really want to say in your paper.
• C) cite all of the sources you used when developing your paper.
• D) prepare a short statement that clearly defines the purpose of your paper.

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Definitions:

Marginal Social Benefits

The extra advantage obtained by society from the consumption of an additional unit of any product or service.

Positive Externalities

Benefits that are enjoyed by third-parties as a result of an economic transaction or activity, without them directly participating in the transaction.

Pigouvian Tax

A tax imposed on activities that generate negative externalities, aimed at correcting an inefficient market outcome.

Marginal Social Benefits

The incremental benefit the public receives from consuming an additional unit of a good or service.