A Positive Externality

question 477

Multiple Choice

A positive externality

• A)causes the product to be overproduced.
• B)provides an additional benefit to market participants.
• C)benefits consumers because it results in a lower equilibrium price.
• D)is a benefit to a market bystander.

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Definitions:

Sexually Transmitted Disease

Infectious diseases that are primarily spread through sexual contact; also known as sexually transmitted infections (STIs).

Treatment

The management and care of a patient or the combating of disease or disorder.

Gonorrhea

A sexually transmitted bacterial infection that affects mucous membranes, including in the genital tract, mouth, and throat.

Urination

The process of excreting urine from the bladder through the urethra to the outside of the body; also known as micturition.