The marginal cost of production that is borne by the entire society is called the marginal

A) private cost.
B) social cost.
C) external cost.
D) public cost.
E) user cost.

B

Economics

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Normative statements i. describe how the world is. ii. describe how the world ought to be. iii. depend on people's values and cannot be tested

A) i only B) ii only C) iii only D) ii and iii E) i and iii

Economics

Which of the following middle-income countries had higher fixed and mobile lines per 1,000 people, than the U.S. and Japan in 2009?

a. Brazil b. Russia c. China d. India

Economics