If a Firm's Activities Generate Detrimental Externalities, the Marginal Social

question 153

True/False

If a firm's activities generate detrimental externalities, the marginal social cost will be less than the marginal private cost.

---

Definitions:

Pons

A part of the brainstem that links the medulla oblongata and the thalamus, playing a crucial role in controlling breathing, communication between different parts of the brain, and sensations such as hearing, taste, and balance.

Substantia Nigra

A region in the brain involved in reward and movement, notable for its role in Parkinson's disease where its dopamine-producing neurons degenerate.

Emotional Behavior

Emotional behavior refers to the actions and reactions a person exhibits in response to their feelings and emotions.

Amygdala

A region of the brain involved in experiencing emotions, such as fear and pleasure, and in forming emotional memories.