A Market with a Positive Externality Has Total Surplus That

question 121

Multiple Choice

A market with a positive externality has total surplus that is _______ total surplus in a market without a negative externality.

• A)lower due to deadweight loss than
• B)equal to
• C)higher due to deadweight loss than
• D)equal to, but redistributed differently, than

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Definitions:

Synaptic Space

The small gap at the junction between neurons, through which neurotransmitters are released to facilitate neuronal communication.

Axon Terminal

The endpoint of an axon, which facilitates the transmission of signals to other neurons or muscles via neurotransmitters.

Synapse

The junction between neurons where nerve impulses are transmitted from one neuron to another.

Transmitting Messages

The act of conveying information or communication from one person, group, or place to another.