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Explain in Your Own Words: 1) What Is an Externality

question 93

Essay

Explain in your own words: 1) What is an externality? and 2) What is the difference between a negative and positive externalities. Provide examples.


Definitions:

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues, as well as promoting secondary sexual characteristics and affecting moods.

Homosexual Males

Males who are sexually and/or romantically attracted to other males.

Heterosexual Males

Refers to men who are sexually attracted to women.

Kinsey Survey

A set of studies conducted by Alfred Kinsey in the mid-20th century focusing on human sexual behavior.

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