Suppose That Patrick Is Taking a Yoga Class in a Very

question 15

Multiple Choice

Suppose that Patrick is taking a yoga class in a very hot classroom (with the heater on) , while Raphael is taking a yoga class in a relatively cool classroom (with the windows open) . Is Patrick more likely to become surly and aggressive after class?

• A) Yes - he will feel an uncontrollable sense of aggression
• B) Yes - if he is provoked or frustrated by something
• C) Maybe - if he believes that there is a link between heat and aggression
• D) No

---

Definitions:

Marginal Social Benefits

The extra advantage to the entire community from using an additional unit of a product or service.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning their use by one individual does not reduce availability to others.

Marginal Social Cost

The total cost to society of producing an additional unit of a good or service, taking into account both private costs and any externalities.

Private Marginal Cost

The cost incurred by a firm or individual for producing one additional unit of a good or service, not including external costs.