Which of the Following Is True

question 161

Multiple Choice

Which of the following is true?

• A) MSB = MB + Marginal external benefit
• B) MB = Marginal external benefit - MSB
• C) MB = Marginal external benefit + MSC
• D) MSB = Marginal external cost - marginal external benefit
• E) MSB = MB + Marginal external benefit - Marginal external cost

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Definitions:

Sample Mean

The average value of a subset of a larger population, used to estimate the population mean.

Finite Population Correction

A statistical adjustment applied when sampling without replacement from a finite population, to improve the accuracy of estimates like means and proportions.

Standard Error

A statistic that measures the dispersion of sample means around the population mean, often used to estimate the accuracy of a sample mean compared to the actual population mean.

Population Size

The total number of individuals or units in the group or area being studied.