In the Case of Producing a Good with a Negative

question 50

Multiple Choice

In the case of producing a good with a negative externality, a firm will likely consider only the _____ marginal costs of production, leading to production of _____.

• A) external; more output than is socially optimal
• B) private; more output than is socially optimal
• C) private; less output than is socially optimal
• D) external; less output than is socially optimal

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Definitions:

Pulse

The rhythmic expansion and contraction of an artery produced by heartbeats, palpable at various body points and indicative of heart rate and circulation health.

Aspirating

The process of withdrawing fluid from a body cavity, cyst, or joint using suction, often performed using a syringe.

Oral Airway

A medical device used to keep the airway open by preventing the tongue from covering the epiglottis, thereby aiding in ventilation.

Upright

A position where something is vertical or standing straight up.