Use the Following Statements to Answer This Question: I

question 63

Multiple Choice

Use the following statements to answer this question: I. Stock externalities depend on the accumulated results of actions by producers or consumers, not on the incremental results that may occur in a given period of time.
II) Stock externalities are always negative externalities.

• A) I and II are true.
• B) I is true and II is false.
• C) II is true and I is false.
• D) I and II are false.

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Definitions:

Familiarity

Close acquaintance with or knowledge of something.

Familiarity Criterion

A standard whereby something is judged or evaluated based on how well known or recognized it is.

Comparative Reasoning

A method of thinking or analysis that involves comparing different entities, ideas, or scenarios to understand their similarities, differences, and implications.

Pattern Recognition

The ability to identify and understand regularities or trends in data, symbols, words, or sounds.