The benefit that Joan gets from eating cherries is an example of
A) when the external benefit equals the private benefit.
B) a private benefit.
C) an external benefit.
D) an external cost.
E) the marginal social cost of eating cherries.

Question

Quizplus · Accepted Answer

Joan's benefit from eating cherries is a private benefit because it only affects her and not society as a whole.

The Benefit That Joan Gets from Eating Cherries Is an Example