$$\text { Figure } 10 < 2$$ -If the Resistor Value Increases in Figure 10-2, Then How

question 26

Multiple Choice

$$\text { Figure } 10 < 2$$
-If the resistor value increases in Figure 10-2, then how does the total current change?

• A)It increases.
• B)It decreases.
• C)It decreases to zero.
• D)It remains the same.

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Definitions:

Positive Externality

A benefit that is enjoyed by a third-party as a result of an economic transaction.

Negative Externalities

Unintended adverse effects of an economic activity on unrelated third parties; they represent a failure of the market to fully account for the impacts of transactions.

Social Planner

A hypothetical figure in economic theories who makes decisions designed to allocate resources efficiently and achieve social welfare objectives.

Private Cost

The expenses that a company or an individual incurs as a result of its economic activity, excluding any external costs.