When External Benefits Are Present in a Market

question 15

Multiple Choice

When external benefits are present in a market,

• A) less of the good will be produced than the amount consistent with economic efficiency.
• B) more of the good will be produced than the amount consistent with economic efficiency.
• C) the amount of the good produced will be equal to the amount consistent with economic efficiency.
• D) corresponding external costs are always generated.

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Definitions:

Manic Episode

A period of abnormally elevated, expansive, or irritable mood and increased activity or energy levels, associated with bipolar disorder.

Nursing Diagnoses

Clinical judgments about individual, family, or community experiences or responses to actual or potential health problems/life processes.

Chronic Low

A term that likely is meant to reflect a persistent state of low mood or energy, but as phrased, it is not a standard term.

Defensive Coping

A psychological strategy used to protect oneself from anxiety, stress, or negative feelings by denying, distorting, or avoiding reality.