A Common Resource Is Used Efficiently If

question 340

Multiple Choice

A common resource is used efficiently if

• A) the output is maximized.
• B) marginal social benefit equals marginal social cost.
• C) marginal private benefit equals marginal private cost.
• D) marginal social benefit is maximized.

---

Definitions:

Gestural Language

A form of nonverbal communication using gestures, facial expressions, and body movements to convey messages or emotions.

Ethnolinguistics

The study of the relationship between language and culture and how they influence and shape each other.

Historical Linguistics

The study of how languages change over time, including their development, evolution, and the relationships between different languages.

Neandertal

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago.