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
Q42: (Figure: MSC and Supply Curves) Use the
Q43: (Figure: MSC and Supply Curves) Use the
Q44: The benefit enjoyed by a buyer as
Q45: The marginal private benefit is the:
A)extra benefit
Q46: An external benefit is:
A)a benefit enjoyed by
Q48: The extra external benefit accruing to bystanders
Q49: Marginal social benefit is the term for:
A)the
Q50: All marginal benefits, no matter who gets
Q51: The marginal private benefit plus the marginal
Q52: (Figure: MSB and Demand Curves) Use the
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