​If a Good Gives Rise to Substantial External Benefits to Society

question 179

True/False

​If a good gives rise to substantial external benefits to society that are associated with its production and/or consumption, then the good likely has too many resources devoted to its production.

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Definitions:

Impregnate

To fertilize an egg, causing it to develop into an embryo; in a broader sense, it can also mean to permeate or saturate something with a substance.

Gene-Environment Interaction

The complex interplay between genetic predispositions and environmental factors that influence the development and expression of traits and behaviors.

Biological Heritage

The genetic and physiological characteristics that individuals inherit from their ancestors.

Sucking Reflex

An automatic response by infants to suck on anything that touches the roof of their mouth, aiding in feeding.