Consider the Accompanying Figure to Answer the Following Questions

question 99

Multiple Choice

Consider the accompanying figure to answer the following questions.

-When a positive externality exists,which point best identifies the social optimum?

• A) A
• B) B
• C) C
• D) D
• E) either A or D

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Definitions:

Childhood Socialization

The process by which children learn and internalize the values, behaviors, and norms of their culture or society.

Rite of Passage

A ceremony or event marking an important stage in someone's life, especially marking the transition from one social status to another.

Transition

The process of changing from one state or condition to another.

Childhood

The period of life from birth to adolescence, characterized by growth, development, and learning.