In the Case of a Positive Externality,social Marginal Cost Will

question 4

Multiple Choice

In the case of a positive externality,social marginal cost will

• A)exceed private marginal cost.
• B)be equal to private marginal cost.
• C)fall short of private marginal cost.
• D)have no specific relation to private marginal cost.

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Definitions:

Detection

The act or process of discovering or identifying the presence of a substance, signal, or condition.

Pitch

In music, pitch is the quality of a sound that is determined by the frequency of the sound waves, often perceived as how "high" or "low" a note sounds.

Pattern Code

A means of representing information or signals through organized or structured sequences, often used in data transmission and recognition systems.

Frequency

In the context of waves, it refers to the number of complete cycles per second; in data, it represents the rate of occurrence of events.