A Cost That Arises from Production or Consumption That Falls

question 64

Multiple Choice

A cost that arises from production or consumption that falls on someone other than the producer or consumer is called

• A) a negative externality.
• B) a private good.
• C) a negative benefit.
• D) a public choice impact.
• E) a positive externality.

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Definitions:

Breast Examination

A clinical procedure conducted to detect abnormalities in the breast tissue, often used for cancer screening.

Tickler File

A reminder file for keeping track of time-sensitive obligations.

Annual Physical

A yearly health check-up with a healthcare provider to assess physical condition, screen for diseases, and discuss preventive health practices.

Schedule

A plan for carrying out a process or procedure, giving lists of intended events and times.