The Additional Cost Imposed on Society as a Whole by an Additional

question 191

Multiple Choice

The additional cost imposed on society as a whole by an additional unit of pollution is:

• A)the marginal social benefit of pollution.
• B)the marginal social cost of pollution.
• C)the optimal Pigouvian tax.
• D)a technology spillover.

Differentiate between alternative dispute resolution methods and traditional court litigation.

Explain the concept of diversity of citizenship and its implications for federal court jurisdiction.

Understand the unique characteristics and jurisdictions of federal courts, including specialized courts.

Identify and analyze the legal concepts related to class actions and their outcomes.