When a Positive Externality Exists,_______________________ and Thus _______________ Intervention May

question 80

Multiple Choice

When a positive externality exists,_______________________ and thus _______________ intervention may be needed to achieve efficiency.

• A) external costs are necessarily greater than private costs; government
• B) social costs equal private costs; no government
• C) social costs are less than private costs; government
• D) social costs are greater than private costs; government
• E) none of the above

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Definitions:

Imprisoned

Imprisoned refers to the state of being confined as a punishment for a crime or while awaiting trial.

Danger to Society

A term often used to describe individuals or behaviors perceived as posing a significant risk of harm or negative impact to the community or public.

Hospitalized Offenders

Individuals who commit crimes and are placed in a medical facility for treatment due to mental health or physical issues.

Foucha v. Louisiana

A landmark United States Supreme Court case that addressed the criteria for the involuntary commitment of individuals who have been found not guilty by reason of insanity.