The Cost of Producing an Additional Unit of a Good

question 66

Multiple Choice

The cost of producing an additional unit of a good or service that is borne by the producer of that good or service

• A) always equals the benefit the consumer derives from that good or service.
• B) equals the cost borne by people other than the producer.
• C) is the marginal private cost.
• D) is the external cost.
• E) is the marginal social cost.

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Definitions:

Cognitive-behavioral Interventions

Therapeutic techniques that aim to change patterns of thinking or behavior that are behind people's difficulties, and so change the way they feel.

Physical Activity

Any bodily movement produced by skeletal muscles that require energy expenditure, contributing to physical fitness and overall health.

Negative Affectivity

A personality characteristic involving the predisposition to experience negative emotions such as anger, anxiety, or depression more frequently or intensely than average.

Carpal Tunnel Syndrome

Repetitive-motion disorder most frequently associated with keyboarding and the use of optical scanners; occurs when repetitive flexing and extension of the wrist causes the tendons to swell, thus trapping and pinching the median nerve.