Consider a Market with a Positive Externality

question 128

Multiple Choice

Consider a market with a positive externality.The market will tend to ________ the good because the market participants tend to ignore the ________ of their decision.

• A) overproduce; external benefit
• B) underproduce; internal benefit
• C) overproduce; external cost
• D) underproduce; external cost
• E) underproduce; external benefit

---

Definitions:

Antisocial Personality Disorder

Antisocial Personality Disorder is a mental condition in which a person consistently shows no regard for right and wrong and ignores the rights and feelings of others.

DSM-5 Categories

The division of mental disorders into specified categories as outlined in the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, used by clinicians and researchers for diagnostic and classification purposes.

Inaccurately Diagnoses

The incorrect identification of a disease or condition due to various factors, including misinterpretation of symptoms or test results.

Personality Disorder

A mental health condition defined by persistent unhealthy patterns in behavior, thought, and feelings, which are consistent across different situations and significantly diverge from what is considered normal by the cultural standards of the person affected.