Which of the Following Statements Is False

question 2

Multiple Choice

Which of the following statements is false?

• A)If a negative externality exists, the market output is greater than the socially optimal output.
• B)If a positive externality exists, the market output is less than the socially optimal output.
• C)If there are no external costs or benefits, then it follows that marginal private costs equal marginal social costs and marginal private benefits equal marginal social benefits.
• D)When a positive externality exists, marginal social benefits are greater than marginal private benefits.
• E)none of the above

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Definitions:

Genetic Counseling

A professional service that provides advice and information about genetic conditions, helping individuals understand and adapt to the medical, psychological, and familial implications.

Unborn Children

Refers to fetuses or embryos that have not yet been born; often discussed in the context of prenatal development or legal and ethical debates.

Procreation Decisions

Choices related to the deliberate process of conceiving and bearing offspring.

Chorionic Villus Sampling

A prenatal test where a small sample of the placental tissue is taken to test for genetic disorders and chromosome abnormalities in the fetus.