All of the Following Statements Are True Except

question 2

Multiple Choice

All of the following statements are true except:

• A)An externality is a cost or a benefit that affects someone other than the seller or the buyer of a good.
• B)When an electric utility does not consider the cost of pollution when it decides how much power to produce,the result is overproduction.
• C)An electric utility creates an external cost by burning coal.
• D)All externalities create overproduction.
• E)An external cost creates overproduction.

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Definitions:

Disjunct

In logic, an element of a disjunction; a proposition that forms one of the alternatives in a disjunction.

Disjunction

A procedure in computing that outputs true if a minimum of one input value is true.

Conjunct

An element of a conjunction, serving as a component in a compound sentence or statement formed by connecting two simple statements with a conjunction.

Conjunction

In logic, an operator that yields true only if both of its operands are true; in grammar, a word used to connect clauses or sentences.