When a Negative Externality Occurs

question 122

Multiple Choice

When a negative externality occurs,

• A)social costs are less than private costs.
• B)social costs are greater private costs.
• C)social costs are equal to private costs.
• D)social costs are negative.
• E)private costs are negative.

---

Definitions:

Poor Neighborhoods

Areas characterized by low household incomes, often accompanied by higher rates of crime, reduced access to services, and lower quality of life.

Ethnicity

refers to shared cultural practices, perspectives, and distinctions that set apart one group of people from another, including language, heritage, and customs.

Health

A state of complete physical, mental, and social well-being, and not merely the absence of disease or infirmity.

Ethnic Groups

Communities or populations sharing a common cultural heritage, ancestry, language, history, or social practices.