Answer the Next Question on the Basis of the Following

question 88

Multiple Choice

Answer the next question on the basis of the following information is for public good.P_a and P_b represent the prices that citizens (a) and (b) ,the only two people in this nation,are willing to pay for additional units of a quantity (Q_c) of the public good.Q_s represents the quantity of the public good supplied by government at each of the collective prices.If only 1 unit of this public good is produced,then the marginal benefit is:

• A) $3 and the marginal cost is $9.
• B) $4 and the marginal cost is $7.
• C) $6 and the marginal cost is $3.
• D) $9 and the marginal cost is $5.

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Definitions:

Micro-Level Interactions

Interpersonal social interactions focusing on small-scale patterns of individuals' social behavior in specific contexts.

Symbolic Interactionism

A sociological perspective focusing on how individuals interpret and give meaning to social symbols in their interactions.

Structural Functionalism

A theoretical perspective in sociology that sees society as a complex system whose parts work together to promote solidarity and stability.

Sociologist's Responsibility

The ethical obligation of sociologists to conduct research that is beneficial to society, respects subjects' rights, and accurately represents social realities.