If a Negative Externality Is Associated with the Production of Some

question 87

Multiple Choice

If a negative externality is associated with the production of some good, then

• A) marginal social cost minus marginal private cost is positive.
• B) too little of the good is being produced by the firm.
• C) the marginal social cost is less than the marginal social benefit.
• D) the price is equal to firms' marginal private cost.
• E) marginal social cost minus marginal private cost is negative.

Identify the major cavities in the human body and the organs located within them.

Grasp the difference between superior and inferior anatomical locations.

Distinguish between the studies of histology, cytology, and anatomy and their focuses.

Understand the principles of anatomical positioning and orientations.

---

Definitions:

Guaranty

A legal commitment by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults.

Suretyship

A contractual agreement where a party (surety) agrees to be responsible for the debt or obligations of another party (principal) if that party fails to fulfill them.

Cosigner

an individual who agrees to be responsible for the repayment of a loan or debt if the primary borrower fails to pay.

Bankruptcy

A legal procedure for dealing with debt problems of individuals or businesses; officially declared inability to pay off debts.