-The Schedules in the Table Give the Marginal Social Benefit

question 419

Multiple Choice

-The schedules in the table give the marginal social benefit and marginal social cost of a DVD. If the marginal cost of producing a DVD increases by $4, then the efficient number of DVDs is ________ a week.

• A) 1
• B) 2
• C) 5
• D) 4

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Definitions:

Cement

A binder, a substance used in construction that sets and hardens and can bind other materials together, commonly used in concrete to make buildings, roads, and other structures.

Clastic Sedimentary Rocks

Rocks that are composed of broken pieces of older rocks, sedimented together by processes like weathering and erosion.

Conglomerate

A sedimentary rock made up of rounded or semi-rounded fragments within a finer-grained matrix, often indicating a high-energy environment such as a fast-flowing river.

Sandstone

A sedimentary rock consisting of sand or quartz grains cemented together, typically red, yellow, or brown in color.