Multiple Choice
The marginal social benefit is:
A) the sum of the marginal benefit gained by each individual user.
B) the benefit gained by the last user.
C) the total benefit gained by the last user.
D) the sum of the benefit gained by each individual user.
Correct Answer:
Verified
Correct Answer:
Verified
Q28: One of the difficulties of the government
Q33: The combination of inefficiently high demand and
Q34: An artificially scarce good is:<br>A) rival in
Q53: Nonexcludability causes:<br>A) people to demand a higher
Q96: In 2009,the Nobel Prize in economics was
Q98: If the government runs an ad campaign
Q99: Using a common resource:<br>A)creates a positive externality
Q100: When choosing the right amount of a
Q105: Social disapproval is likely to be more
Q106: When the free rider problem is present