Production Involving a Positive Externality Is Inefficient

question 31

True/False

Production involving a positive externality is inefficient.

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Definitions:

Nonhuman Primates

Primates other than humans, including monkeys, apes, and prosimians, characterized by their complex behaviors and varied habitats.

Apes

Large primates that lack tails and include species such as gorillas, chimpanzees, orangutans, and humans.

Bony Vertebra

Structural elements forming the vertebral column in vertebrates, characterized by a more robust and ossified frame compared to cartilaginous or other types.

Chordates

A large phylum of animals that share a common feature of having at some stage in their life a notochord, a dorsal nerve cord, pharyngeal slits, an endostyle, and a post-anal tail.