When Does a Negative Externality Exist

question 22

Multiple Choice

When does a negative externality exist?

• A) whenever marginal social cost exceed marginal private costs
• B) whenever marginal social costs exceed marginal social benefits
• C) whenever marginal social benefits exceed marginal private benefits
• D) whenever marginal private costs exceed marginal private benefits

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Definitions:

Client Systems

In social work, refers to the networks of individuals, groups, and communities that clients interact with, impacting and being impacted by their environment.

Resources

Various types of assets that can be drawn upon by individuals or organizations to function effectively, including natural, human, financial, and technological.

Generalist Intervention Model

A practice model in social work that guides professionals through a multistep process to assess cases, plan interventions, implement change strategies, and evaluate outcomes for individuals, families, groups, and communities.

Planning Phase

The initial stage of a project or strategic process where goals are defined, and methods for achieving them are devised.