Choose the Word or Phrase in [ ] Which Will

question 85

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-Workers compensation would make payments to an injured worker [if he had been hurt on the job | only if he could prove negligence on the part of his employer].

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Definitions:

Marginal Social Cost

The total cost society bears for the production of an additional unit of a good or service, including both external and private costs.

Coal Mine Pollution

Environmental contamination resulting from the operation of coal mines, including air and water pollution.

Marginal Social Cost

The total cost society bears for the production of an additional unit of a good, including both private costs and any external costs.

Production Process

A series of steps that involves the transformation of raw materials into finished products.