An External Benefit of an Activity Is One That Is

question 95

Multiple Choice

An external benefit of an activity is one that is

• A) not included in the social marginal cost.
• B) received by those directly involved in the activity.
• C) included in the private marginal benefit.
• D) never present in the real world.
• E) received by those not directly involved.

Identify the strategies for enhancing productivity in various economies.

Comprehend the impact of demographics and gender on economic hardship and productivity.

Recognize the significance of both human and physical capital investment for economic development.

Understand the historical impacts of colonialism on developing nations.

---

Definitions:

Endothermic Reaction

A chemical reaction that absorbs energy from its surroundings, typically in the form of heat.

Catalyzed

A process in which the rate of a chemical reaction is increased by the presence of a catalyst, which remains unchanged by the reaction.

Heterogeneously Catalyzed

A reaction process aided by a catalyst that exists in a different phase than the reactants, usually solids catalyzing reactions in liquids or gases.

Solid Catalyst

A solid catalyst is a substance that increases the rate of a chemical reaction without being consumed in the process, and it maintains its solid physical state during the reaction.