If a Market Solution Provides Greater Marginal Social Benefits Than

question 224

Multiple Choice

If a market solution provides greater marginal social benefits than marginal social costs, then:

• A) a positive externality is present.
• B) a negative externality is present.
• C) no net externality is present.
• D) any externality has already been internalized.

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Definitions:

Ventrogluteal

Refers to the site on the body used for intramuscular injections, situated on the hip away from major nerves and blood vessels.

Medication Administration

The process of giving a medication to a patient, following the five rights: the right patient, drug, dose, route, and time.

Patient Identification

The process and systems used to ensure the correct patient receives the right healthcare services and interventions.

Medication Error

A medication error is a failure in the process of prescribing, dispensing, or administering a drug, resulting in harmful effects to the patient.