Which Statement Is True

question 14

Multiple Choice

Which statement is true?

• A)For efficiency to be achieved in the production of a public good everyone should be taxed an amount equal to the value they place on the last unit of the good provided times the quantity of public good provided.
• B)The price theory we studied always considers efficient output to be the place where marginal cost equals marginal benefit, even if the good is a pure public good.
• C)A pure private good can never be jointly consumed.
• D)All of these are true.

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Definitions:

Five Kingdoms

A classification system that categorizes all living organisms into five major groups: Monera, Protista, Fungi, Plantae, and Animalia.

Outgroup Analysis

A method in phylogenetics used to help identify the evolutionary relationships between species by comparing characteristics with those of an external group.

Derived Characters

Attributes in organisms that are passed down from a common ancestor.

Organisms

Living entities that can carry out life processes independently or in a colony, such as animals, plants, and bacteria.