When a Positive Externality Exists, Benefits to Third Parties Other

question 25

True/False

When a positive externality exists, benefits to third parties other than the buyers and sellers of a good will result from market exchange of the good.

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Definitions:

Bipolar Disorder

A brain disorder that causes extraordinary variations in a person's mood, ranging from depressive lows to highs of mania or hypomania.

Depressed Mood

A psychological state characterized by feelings of sadness, emptiness, or hopelessness.

Obsessive-Compulsive Disorder

A mental health disorder characterized by persistent, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) as an attempt to alleviate anxiety.

Counting

The action of determining the total number of items in a group by assigning them numerical order.