If There Is No External Cost,then Marginal Social Cost

question 121

Multiple Choice

If there is no external cost,then marginal social cost

• A) increases as output increases.
• B) decreases as output increases.
• C) is constant regardless of the level of output.
• D) is unrelated to output levels.
• E) first increases and then decreases as output increases.

---

Definitions:

Earlier Research

Previous studies or scientific investigations conducted before the current study.

Scientific Theory

A well-substantiated explanation of some aspect of the natural world, based on a body of facts that have been repeatedly confirmed through observation and experimentation.

Testable

A quality of a hypothesis that allows it to be proven true or false through experimentation or observation.

Predictions

Predictions are statements or claims about what will happen in the future, often based on observation, data analysis, or theoretical modeling.