The Sum of the Marginal Private Benefit and the Marginal

question 103

Multiple Choice

The sum of the marginal private benefit and the marginal external benefit derived from eco-tourism in British Columbia is called the

• A) total private benefit.
• B) net gain.
• C) total external benefit.
• D) marginal social benefit.
• E) total Coase benefit.

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Definitions:

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Regulations or laws that define the boundaries within which individuals or organizations can operate or conduct activities.

Lethal Limits

The boundaries or levels beyond which survival is not possible due to environmental or physical conditions.

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