Ben's Cost of Making an Additional Rocking Chair Is $75

question 145

Multiple Choice

Ben's cost of making an additional rocking chair is $75.

• A) If he sells it for a $100, his producer surplus is $25.
• B) His marginal cost is equal to $75.
• C) The marginal benefit to the consumer from the chair will be $75.
• D) Both answers A and B are correct.
• E) Both answers B and C are correct.

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Definitions:

Chronic Cocaine User

An individual who persistently and repeatedly uses cocaine over a long period, often leading to physiological dependency and various health issues.

Cocaine

A powerful stimulant drug derived from the coca plant, known for its addictive properties and effects on the central nervous system.

Cravings

Intense desires or urges for a specific substance or experience, often seen in the context of addiction.

Withdrawal

An increase in the intensity of the opponent B state following the termination of the event.