Which of These Consumption Activities Will Most Likely Impose an External

question 75

Multiple Choice

Which of these consumption activities will most likely impose an external cost?

• A)An executive plays a vigorous game of golf.
• B)A student in a dorm plays her CDs at 120 decibels late at night.
• C)A young mother exercises to an aerobics video.
• D)A construction worker eats a sandwich during his lunch break.

Evaluate the effects of market interventions on producer surplus.

Apply the concept of producer surplus to real-world situations involving goods and services.

Understand various memory strategies and their applications.

Comprehend the concept of metamemory and its relevance in cognitive development.

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Definitions:

Impulse

A charge transmitted through certain tissues, especially nerve fibers and muscles, resulting in physiologic activity.

Physiologic Activity

The functions and processes that are carried out by living organisms to maintain life.

Electrode

A conductor through which electricity enters or leaves a medium, used in various applications including medical equipment and batteries.

ECG

A test that records the electrical activity of the heart to diagnose heart conditions.