Many External Costs Occur Because

question 30

Multiple Choice

Many external costs occur because

• A) people do not pay the true cost of using a resource.
• B) people do not pay the private cost of using a resource.
• C) companies do not pay the market price for natural resources.
• D) companies pay more than the true cost of using a resource.

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Definitions:

Stage Drama

A form of theatrical performance where actors portray characters in a story through actions, dialogues, and movements on a stage in front of an audience.

Mental Health

A state of well-being in which the individual realizes their own abilities, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to their community.

Alfred Adler

A medical doctor and psychotherapist from Austria recognized for creating the Individual Psychology school, which highlights the significance of inferiority feelings.

Superego

In psychoanalytic theory, the part of the personality that represents internalized ideals and provides standards for judgment (the conscience) and for future aspirations.