FIGURE 16- 1

question 104

Multiple Choice

FIGURE 16- 1
-Refer to Figure 16- 1.Suppose the perfectly competitive market with no government intervention achieves equilibrium at point A.If the social marginal costs and social marginal benefits are represented by MC0 and MB0,respectively,then there exists

• A)a negative external benefit.
• B)a negative external cost.
• C)no externality whatsoever.
• D)a positive external cost.
• E)a positive external benefit.

---

Definitions:

Intramuscular Injection

A method of administering medication deep into the muscles, allowing for quick absorption into the bloodstream.

Deltoid

The muscle of the shoulder.

Ventrogluteal

Referring to an area on the body used for the injection of intramuscular medications, located at the hip and formed by the gluteus medius and minimus muscles.

Immunization Schedule

A timetable designed by health authorities that outlines the timing of vaccinations to protect individuals from certain diseases.