If There Are Significant External Benefits Associated with the Production

question 79

True/False

If there are significant external benefits associated with the production or consumption of a good or service, there will be an under-allocation of resources to its production unless some corrective action is taken.

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Definitions:

Klinefelter Syndrome

A genetic condition that affects males, characterized by an extra X chromosome, leading to symptoms such as reduced fertility and physical developments typical of both sexes.

Fragile X Syndrome

A genetic condition causing intellectual disability, behavioral challenges, and physical anomalies, often due to a mutation on the X chromosome.

Down Syndrome

A genetic disorder caused by the presence of an extra chromosome 21, characterized by physical growth delays, characteristic facial features, and mild to moderate intellectual disability.

Genetic Counselor

A health professional with specialized training in genetics and counseling to provide individuals and families information on the nature, inheritance, and implications of genetic disorders.