Externalities

question 118

Multiple Choice

Externalities

• A)Occur because of government failure.
• B)Are the costs or benefits of market activities that "spill over" onto third parties.
• C)Occur because of selfish consumers.
• D)Occur because demand is hidden.

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Definitions:

Blood Transfusion

The process of transferring blood or blood components from one person (donor) into another person’s (recipient) bloodstream.

Unprotected Sex

Sexual activity without the use of contraceptives or protective measures, increasing the risk of sexually transmitted infections and unintended pregnancies.

Childbirth

The process of giving birth to a baby, including labor and delivery.

Sharing Drug Needles

The unsafe practice of multiple individuals using the same needle for injecting drugs, increasing the risk of transmitting infectious diseases.