Mark Loves Ice Cream

question 21

Multiple Choice

Mark loves ice cream.At any point in time,he will buy an additional ice cream cone if

• A) the marginal benefit from it exceeds the price.
• B) the marginal benefit from it is zero.
• C) his willingness to pay is less than the price.
• D) there is no deadweight loss produced by his purchase of a cone.
• E) None of the above answers is correct.

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Definitions:

Monotremes

Egg-laying mammals such as the duck-billed platypus of Australia.

Oviparous

Referring to organisms that lay eggs, with embryos developing and hatching outside the mother's body.

Amniotic Egg

An egg that contains amniotic fluid to protect and hydrate the embryo; a key adaptation for life on land found in reptiles, birds, and mammals.

Evolve

The sequence by which distinct living species are theorized to have evolved and expanded from prior versions across the earth's historical span.