When Market Activity Generates a Negative Externality, the Level of Output

question 172

True/False

When market activity generates a negative externality, the level of output in the market equilibrium is lower than the socially optimal level.

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Definitions:

Repolarization

The process by which a cell's membrane potential returns to its resting state following depolarization.

Resting Membrane Potential

The electric potential difference across the membrane of a resting (non-active) cell, essential for the transmission of nerve impulses.

Plasma Membrane

The semipermeable membrane surrounding the cytoplasm of a cell, which regulates the movement of substances in and out of the cell.

Membrane Potential

The voltage difference across a cell's plasma membrane, crucial for the conduction of electrical signals in nerve and muscle cells.