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In the market for automobiles, the private benefit of one more small SUV is $45,000 and the social cost of one more small SUV is $65,000. Does one more small SUV present an external cost or an external benefit to society?

Suppose you have a home security system. The extra safety your neighbor might experience because criminals tend to stay away from neighborhoods that have a lot of burglar alarms represents which of the following type of cost or benefit?

A restaurant at the Student Center wants to maximize profits on its new pizza offerings. It should:

What’s the rule: Monopolists charge a higher markup when demand is highly elastic or when it’s highly inelastic?

The safety you enjoy as a result of having a security system represents which of the following type of cost or benefit?

Some razors, like Gillette’s Fusion and Venus razors, have disposable heads. The razor comes with an initial pack with a razor handle plus three or four heads; after that, you need to buy refills separately. Where do you think Gillette gets more revenue: By selling the initial pack or by selling the refills?

The three main areas of the brainstem significantly involved in motor control are the pons, the medulla, and the _______________.

What is the offiical style manual that you used for writing the review of literature paper for this class?

Gentile’s two-dimensional taxonomy is based on what two characteristics?

Which area of the brain enables the transitioning between movements for a skill that involves sequential movement?