Briefly and Concisely Define the Following Concepts and Terms

question 216

Essay

Briefly and concisely define the following concepts and terms.
a. marginal social cost
b. detrimental externalities
c. free-rider problem
d. cost disease
e. "defective telescopic faculty"

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Definitions:

Fear Of Rejection

The apprehension or anxiety a person feels when facing the possibility of being rejected by others.

Antisocial Personality

A personality disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others, often manifesting in criminal behavior.

Personality Disorders

Mental health conditions characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, deviating from cultural norms.

Anxiety

A mental health condition characterized by feelings of worry, nervousness, or fear that are strong enough to interfere with one's daily activities.