When a Person Smokes a Cigarette in His Car and Throws

question 176

Multiple Choice

When a person smokes a cigarette in his car and throws the butt out of the window, this is a(n)

• A) marginal cost.
• B) external cost.
• C) average total cost.
• D) public cost.

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Definitions:

Capital Inflow

The movement of funds into a country, typically in the form of investments, that can be used for further economic development.

Capital Outflow

The movement of assets out of a country, often in response to economic or political instability, seeking higher returns or safer investment climates elsewhere.

Consumer Preference

The individual tastes and choices of consumers that influence their purchasing decisions, often shaped by factors such as price, quality, convenience, and brand.

Wage Increase

An upward adjustment in the compensation that workers receive for their labor, typically as a result of negotiations, economic conditions, or to match inflation rates.