A ____ Is a Type of Wheel Mounted with an Offset

question 5

Multiple Choice

A ____ is a type of wheel mounted with an offset steering pivot such that the wheel will automatically swivel to align itself to the direction from which it is pushed.

• A) block
• B) glide
• C) caster
• D) level

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Definitions:

Externalities

Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.

Social Costs

The total cost of an action or decision, including both private costs and any externalities borne by society at large.

Positive Externality

Positive Externality occurs when a transaction or activity benefits a third party not directly involved, like the societal benefit of education or vaccinations.

External Benefit

A benefit that an individual or firm confers on others without receiving compensation.