Explain Why a Producer Who Is Causing External Costs Does

question 134

Essay

Explain why a producer who is causing external costs does not have the incentive to reduce these costs.

Understand the development of the national security state in the context of the Cold War.

Assess elite and popular democratic arguments regarding the size of the national security apparatus during the Cold War.

Analyze trends and transformations in American foreign and defense policymaking, including the shift to a national security state and the impact of economic interests.

Understand the concept and characteristics of elite democracy.

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Definitions:

Infertility

The inability to conceive a child after one year of regular, unprotected sexual intercourse or the inability to carry a pregnancy to live birth.

Colostrum

A yellowish substance containing nutrients and antibodies that is secreted by the breasts 2–3 days prior to actual milk production.

Lactation

The production of milk in the breasts (mammary glands).

Tangible Attributes

The physical characteristics of a product that can be sensed, such as its size, shape, weight, and texture.