Which of the Following Is Defined as the Private Marginal

question 12

Multiple Choice

Which of the following is defined as the private marginal benefit to the consumers plus any costs associated with the consumption of the good that are imposed on others but for which those others are not fully compensated?

• A) total social benefit
• B) total private benefit
• C) social marginal benefit
• D) private marginal benefit

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Definitions:

Lowest Level

The most basic or fundamental stage or position within a hierarchy or system.

Reliable Technology

Technology that consistently performs as expected, demonstrating dependability and stability in its operations and functions.

Darnall-Preston Complexity Index

A method used to assess the complexity of a project based on factors such as size, diversity, and uncertainty.

External

Relating to factors, forces, or influences that originate outside of an organization or system.