Which of the Following Is Not True Regarding Externalities

question 55

Multiple Choice

Which of the following is not true regarding externalities?

• A) Externalities have no effect on market efficiency.
• B) Externalities are imposed on agents other than the parties to an economic exchange.
• C) Externalities can be either positive or negative.
• D) Externalities can occur in either consumption or production.

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Definitions:

G. Stanley Hall

An American psychologist and educator, known as one of the founders of child psychology and educational psychology.

Motor Development

Motor development refers to the progression of muscular coordination required for physical activities, including crawling, walking, and grasping, among other movements.

Qualitative Changes

refers to transformations that significantly alter the nature or character of an entity, often in the context of developmental processes and psychological growth.

Quantitative Changes

Alterations that can be measured or quantified, often referring to development or growth that increases in size, amount, or degree.