A Positive Externality

question 477

Multiple Choice

A positive externality

• A)causes the product to be overproduced.
• B)provides an additional benefit to market participants.
• C)benefits consumers because it results in a lower equilibrium price.
• D)is a benefit to a market bystander.

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Definitions:

Limp Handshake

A handshake that is weak or lacking firmness, often interpreted as a sign of lack of confidence, disinterest, or unwillingness.

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A quality of being friendly, compassionate, and kind towards others, fostering a sense of trust and comfort.

Weigh Information

The process of evaluating and considering various pieces of data or facts before making a decision.