Which of the Following Factors Have Contributed to the Decline

question 8

Multiple Choice

Which of the following factors have contributed to the decline in adolescent pregnancy rates in the U.S.?

• A) Increased abortion rates
• B) Later initiation of sexual activity and increased contraceptive use
• C) Mandatory sex education programs in both public and private schools
• D) An increase in abstinence programs in public schools

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Definitions:

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, such as pollution caused by industry, which are not reflected in the market prices.

Positive Externalities

Benefits that result from a transaction or activity and affect others not directly involved in the transaction or activity.

Marginal Social Cost

The total cost society bears for the production of an additional unit of a product, including both private and external costs.

Marginal Private Cost

The additional cost borne by a producer for producing one extra unit of a good or service.