A Market Demand Curve Reflects the

question 131

Multiple Choice

A market demand curve reflects the

• A)marginal private benefits of consuming a product.
• B)external benefits of consuming a product.
• C)marginal social benefits of consuming a product.
• D)sum of private and social benefits of consuming a product.

---

Definitions:

Sabbatical

A period of paid or unpaid leave granted to an employee, often for study or travel, after a certain period of work, aimed at personal development.

Pay

The compensation or salary received by an employee in exchange for their labor or services.

Teenage Brain

Refers to the developmental stage of the brain in adolescents, marked by significant growth, change, and neuroplasticity.

Environment

Refers to the natural and built surroundings in which people, plants, and animals live and interact.