An External Diseconomy Results in a Socially Nonoptimal Use of a Resource

question 31

Multiple Choice

An external diseconomy results in a socially nonoptimal use of a resource because

• A) the private costs exceed the social costs.
• B) it prohibits economic growth.
• C) the resource user does not bear the full cost of his or her actions.
• D) firms will not maximize their profits.
• E) too little of the resource will be used.

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Definitions:

Modern Sex Therapy

Contemporary approaches to treating sexual dysfunctions and disorders, often involving a combination of psychological and physical interventions.

Relapse-Prevention Training

A therapeutic approach that teaches individuals with substance use disorder or other maladaptive behaviors how to identify and manage relapse warning signs.

Pedophilia

A psychiatric disorder in which an adult or older adolescent experiences a primary or exclusive sexual attraction towards prepubescent children.

Stop-Start Procedure

A technique used in various contexts, including behavioral therapy and stress testing, where an action is initiated and then stopped after a certain period, before starting again.