If the Marginal Social Benefit of a Good Equals the Marginal

question 109

Multiple Choice

If the marginal social benefit of a good equals the marginal private benefit of the good,then the marginal external benefit of the good

• A)equals the marginal private cost.
• B)is zero.
• C)equals the marginal social cost.
• D)equals the marginal social benefit.
• E)is increasing.

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Definitions:

Behaviour

The actions or reactions of an individual or group in response to external or internal stimuli, often studied in psychology and organizational management.

Sweatshop

A workplace, often a factory, where workers are employed under poor, unsafe conditions and for very low wages.

Poor Conditions

Refer to unfavorable or substandard environments, often relating to living or working spaces that impact health and well-being negatively.

Overworked

A state in which an individual or workforce is subject to excessive workload, leading to stress or burnout.