An Externality Can Be a

question 56

Multiple Choice

An externality can be a

• A) benefit but not a cost.
• B) cost but not a benefit.
• C) marginal cost but not a total cost.
• D) cost or a benefit.

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Definitions:

Rubber Insulator

A component made of rubber used to electrically isolate two parts of a structure, preventing unwanted electrical conduction.

Wingman/VORAD

Advanced radar and sensor systems used in vehicles to enhance safety by monitoring surrounding traffic conditions and obstacles.

Detect

To discover or identify the presence or existence of a particular object, condition, or substance often through observation or using specialized equipment.

Heavy Fog

A weather condition characterized by a very dense fog, where visibility is significantly reduced, often to less than 200 meters.