An Efficient Outcome Can Always Be Reached by Requiring the Individual

question 158

True/False

An efficient outcome can always be reached by requiring the individual who produces the externality to fully compensate individuals for any damage inflicted.

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Definitions:

Esophagus

A muscular tube that connects the throat (pharynx) with the stomach, through which food and liquids travel.

Salivary Gland

Exocrine gland that secretes saliva into the mouth.

Water Soluble

Characteristic of a substance that can be dissolved in water.

Vitamin

Organic compounds required in small quantities for essential metabolic reactions in living organisms.