If the Marginal Private Cost of Running a Car Is

question 254

Multiple Choice

If the marginal private cost of running a car is $0.30 a mile and the marginal external cost is $0.10,what is the marginal social cost?

• A) $0.20
• B) $3.00
• C) $0.03
• D) $0.40
• E) None of the above answers is correct.

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Definitions:

Muscle Cells

Specialized cells that make up muscle tissue, capable of contracting to facilitate movement in the body.

Structural Component

A fundamental part or aspect of something that contributes to its overall framework or construction.

Plants

Organisms that are primarily photosynthetic and form the base of Earth's terrestrial ecosystem.

Digest

The process of breaking down food into smaller components that can be absorbed by the body.