Which of the Following Is True

question 172

Multiple Choice

Which of the following is true?

• A) MSC = MC + Marginal external cost.
• B) MC = Marginal external cost - MSC.
• C) MC = Marginal external benefit + MSC.
• D) MSC = Marginal external cost + marginal external benefit.
• E) MSC = Marginal external cost - marginal external benefit.

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Definitions:

Confidence Interval

A breadth of values, resulting from sample statistics, presumed to harbor the value of an undetected population parameter.

Confidence Level

The probability, expressed as a percentage, that a statistical parameter (e.g., mean) for a population lies within a specified confidence interval.

Confidence Interval

An expanse of values, culled from sample statistics, believed to hold the value of a cryptic population parameter.

Population Parameter

A numerical value that summarizes a characteristic of an entire population, such as its mean or standard deviation.