Which of the Following Is Considered an Externality

question 117

Multiple Choice

Which of the following is considered an externality?

• A) High-priced tickets to a Broadway show
• B) The long wait before being seated at popular restaurants
• C) The extra cost of gasoline, regular tune-ups, and so forth, that come with buying a car
• D) The benefits gained by society as a result of a more literate populace
• E) The opportunity costs of going to college full-time instead of working

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Definitions:

Fearful Babies

Infants who exhibit strong reactions of distress or discomfort in unfamiliar situations or with unknown individuals, often considered within the context of temperament studies.

Adults

Individuals who have reached the stage of development where they are considered mature, typically involving greater physical, emotional, and intellectual maturity than children or adolescents.

Genes

Segments of DNA located on chromosomes, responsible for the hereditary transmission of traits from parents to offspring.

Synchrony

The coordinated, simultaneous action or occurrence of events or processes, often used to describe the matching of behaviors in social interactions or the timing of developmental milestones.