Multiple Choice
A marginal external benefit is the:
A) extra benefit enjoyed by society as the result of consuming one extra unit.
B) additional gain to sellers when they profit from an extra unit of output.
C) extra benefit accruing to bystanders as a result of one extra unit of output.
D) additional gain that goes to buyers when they consume one additional unit of a good.
Correct Answer:
Verified
Correct Answer:
Verified
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