Suppose a firm produces pollution when it generates electricity. The cost of the pollution is called the
A) marginal cost.
B) marginal private cost.
C) marginal external cost.
D) marginal social cost.
C
Economics
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Differentiated" is another word for:
a. identical. b. homogeneous. c. heterogeneous. d. None of these has the same meaning.
Economics
For a single-price monopolist, price is ________ marginal revenue
A) less than B) greater than C) equal to D) less than or equal to but never more than
Economics