Applying the Concept of "Clean Enough" to Clean Water an Economist

question 11

Multiple Choice

Applying the concept of "clean enough" to clean water an economist means the

• A)perfectly clean water.
• B)state of cleanliness where the average cost of cleaning more equals the average benefit of cleaning more.
• C)state of cleanliness where the marginal cost of cleaning equals the marginal benefit of cleaning.
• D)state of cleanliness where the total cost of cleaning equals the total benefit of cleaning.

---

Definitions:

Political Decision-making

The process of making decisions within the framework of a political entity or organization, often involving considerations of power, policy, and governance.

Groupthink Causes

Factors that lead to groupthink, a psychological phenomenon where the desire for harmony and conformity in a group results in irrational or dysfunctional decision-making outcomes.

Voting

The act of making a choice among options or deciding in an election or poll, typically done secretly.

Discussion to Consensus

A method of decision-making where group members engage in discussions until a unanimous agreement is reached or a general consensus is formed.