This Graph Shows the Marginal Cost and Marginal Benefit Associated

question 39

Multiple Choice

This graph shows the marginal cost and marginal benefit associated with roadside litter clean up. Assume that the marginal benefit curve and marginal cost curve each have their usual slope. From the graph, one can infer that:

• A)the marginal benefit of picking up the 10^th bag of litter exceed the marginal cost.
• B)the marginal cost of picking up the 10^th bag of litter exceed the marginal benefit.
• C)the marginal benefit of picking up the 20^th bag of litter exceed the marginal cost.
• D)the total benefit of having 30 bags removed is zero.

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Definitions:

Developing Self

The process of forming an individual’s identity, self-concept, and self-awareness over time.

Innate Understanding

An immediate grasp or comprehension of concepts or situations without the need for conscious reasoning, often considered a natural or inborn ability.

Sensorimotor Substage

A period in Jean Piaget's theory of cognitive development where infants explore the world through their senses and motor activities.

Secondary Circular Reactions

A developmental phase in infants characterized by repetitive actions aimed at reproducing interesting effects.