What Is Social Cost

question 13

Multiple Choice

What is social cost

• A)a measure of the cost of a negative externality
• B)a measure of the loss in profit to the seller as the result of a negative externality
• C)a measure of the cost reduction when the negative externality is eliminated
• D)a measure of the cost incurred by the government from market intervention

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Definitions:

Open-Chain Form

Describes organic compounds that consist of a linear chain of atoms, as opposed to cyclic structures.

Asymmetric Centers

Carbon atoms bonded to four different groups, creating chirality and isomerism in molecules.

Aldohexose

A simple sugar or monosaccharide containing six carbon atoms and an aldehyde group.

D-(-)-Gulose

A naturally occurring sugar belonging to the family of aldohexoses, known for its optical activity.