Which of the Following Is True

question 159

Multiple Choice

Which of the following is true?

• A) MSB = MB + Marginal external benefit.
• B) MB = Marginal external benefit - MSB.
• C) MB = Marginal external benefit +

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Definitions:

Wage Slavery

A critical term describing a situation where a person's livelihood depends on wages, especially in a context where the wages are low, and working conditions are poor.

Abolitionists

Individuals who advocated for the ending of slavery and campaigned for emancipation in the United States before and during the Civil War.

American Temperance Society

A societal organization founded in 1826 with the goal of promoting abstinence from alcohol, it played a crucial role in the early temperance movement in the United States.

Drunkards

Individuals who habitually consume alcohol to excess, often leading to social, legal, or health issues.