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