If a Negative Externality Exists,__________ for the Socially Optimal Output

question 61

Multiple Choice

If a negative externality exists,__________ for the socially optimal output to be reached.

• A) supply needs to increase
• B) supply needs to decrease
• C) demand needs to increase
• D) b and c
• E) none of the above

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Definitions:

Touch Receptors

Sensory receptors in the skin that detect tactile stimuli, enabling the sensation of touch, pressure, and vibration.

Primary Somatosensory Cortex

The primary somatosensory cortex is a region of the cerebral cortex that processes sensory input from the body, allowing for the perception of touch, temperature, pain, and body position.

Motor Cortex

A region of the cerebral cortex involved in planning, controlling, and executing voluntary movements.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time.