Which of the Following Statements Is Correct Regarding the Term

question 84

Multiple Choice

Which of the following statements is correct regarding the term marginal social cost?

• A)It includes only the private costs of production.
• B)It includes only the external costs of production.
• C)It includes both the private and the external costs of production.
• D)It is the difference between external costs and private costs of production.

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Definitions:

Genetic Drift

Refers to the random fluctuations in the frequency of alleles within a population over time, not due to natural selection.

Sympatric Speciation

Speciation pattern in which speciation occurs within a population, in the absence of a physical barrier to gene flow.

Physical Barrier

Any natural or artificial structure that blocks or limits movement, spread, or access of organisms or materials.

Polyploidy

The condition of having more than two complete sets of chromosomes in an organism, common in plants and some animal species.