Externalities Can Be Positive Because

question 18

Multiple Choice

Externalities can be positive because

• A)welfare can be impacted positively as well as negatively.
• B)there is no concept for marginal benefit.
• C)positive externalities are subsidies.
• D)marginal damages do not last over time.

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Definitions:

Mental Speed

The rate at which an individual can process information, often linked to cognitive efficiency and intelligence.

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm, resulting in siblings that are genetically similar but not identical.

Identical Twins

Twins that result from a single fertilized egg splitting and developing into two genetically identical individuals.

Progressive Matrices

A type of IQ test that measures abstract reasoning, typically using patterns of shapes with a piece missing, where the participant must identify the correct piece to complete the pattern.