An Externality Is

question 15

Multiple Choice

An externality is:

• A) always a benefit to the recipient.
• B) always a detriment to the recipient.
• C) an activity that occurs in a business which is unknown to management.
• D) unintended benefits or costs imposed on third parties as a result of economic activity.
• E) an act, caused by a firm located in this country, which has an effect on a person in a foreign country.

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Definitions:

Unconscious Conflicts

These are internal struggles often stemming from repressed memories, desires, or experiences that influence behavior and emotions without conscious awareness.

Neurological Sense

Refers to the body's ability to perceive internal and external stimuli via the nervous system.

Distressing Physical Symptoms

Physical manifestations that are unpleasant and upsetting, often without a clear medical cause.

Older-adult Patient

A term referring to patients who are typically aged 65 years and above, often requiring specialized healthcare due to various aging-related conditions.