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A Market That Generates a Negative Externality That Has Not

question 43

True/False

A market that generates a negative externality that has not been internalised generates an equilibrium quantity that is less than the optimal quantity.


Definitions:

Frustrating

Experiencing feelings of disappointment or dissatisfaction as a result of unmet expectations or obstacles.

Change

The process of becoming different, which can refer to an alteration in physical state, position, or behavior over time.

Anthropometric Measurements

Measurements of the human body's physical dimensions and composition, such as height, weight, and body mass index, used to assess growth, development, and health.

Height And Weight

Standard measures of a person's physical growth and body mass, often used to assess overall health.

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