A Negative Externality Is Present on a Market,leading Social Marginal

question 3

Multiple Choice

A negative externality is present on a market,leading social marginal cost, ,to exceed marginal cost As perceived by producers,which is also the supply curve in this competitive market.Inverse demand in the market is The optimal corrective tax should be set to the difference between:

• A)price and marginal cost at the competitive quantity.
• B)​price and social marginal cost at the competitive quantity.
• C)​price and marginal cost at the socially optimal quantity.
• D)​marginal social cost and marginal cost at the socially optimal quantity

Identify the implications of brake system warning signs and the necessity for maintenance or replacement.

Describe the effects of overheating on drum brakes and the formation of hard spots.

Recognize the signs of out-of-roundness in brake drums and the required corrective actions.

Understand the role of hydraulic system integrity in brake performance and diagnose related issues.

---

Definitions:

Continuous-process Technology

A production method characterized by a constant and non-interrupted manufacturing process.

Assembly-line System

A manufacturing process in which parts are added to a product in a sequential manner using a flow production method to create finished products efficiently.

Retentive

Having the ability to retain or hold onto information, knowledge, or materials over a period of time.

Meditative

Pertaining to or involving meditation, a practice of focused attention to achieve a mentally clear and emotionally calm state.