Multiple Choice
-When Ronald takes another economics class, other people in society benefit. The benefit to these other people is called the marginal ________ benefit of the class.
A) social
B) private
C) Coasian
D) external
E) extra
Correct Answer:

Verified
Correct Answer:
Verified
Q37: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q38: A landfill site produces an obnoxious odour.
Q39: Marginal social cost is equal to<br>A) the
Q40: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q41: A firm dumps raw sewerage in a
Q43: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q45: If there is no external cost, then
Q46: Education leads to external benefits because<br>A) better
Q47: Marginal private cost<br>A) is the cost of