Which of the Following Statements About Private and Social Costs

question 16

Multiple Choice

Which of the following statements about private and social costs is TRUE?

• A) Social costs include externalities.
• B) Private cost do not include externalities.
• C) Social costs are never smaller than private costs.
• D) All of the above.

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Definitions:

Enmeshed Family

A family system characterized by very close and often overly involved relationships between members, leading to a lack of appropriate boundaries.

Emotional State

The complex psychophysiological experience of an individual's state of feeling or mood, ranging from joy to sadness, that can change in response to the environment.

Facebook

A social networking platform that allows users to connect and share with family and friends online, established in February 2004 by Mark Zuckerberg and colleagues.

Body Image

One's perception, thoughts, and feelings about their own body’s appearance, size, and shape.