A Negative Externality Causes a Private Market to Produce Which

question 54

Multiple Choice

A negative externality causes a private market to produce which of the following quantities

• A)less than is socially desirable
• B)more than is socially desirable
• C)more than market equilibrium
• D)less than market equilibrium

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Definitions:

Child Care Arrangements

The methods or plans put in place by parents or guardians to look after children, which can include daycare, nannies, or family care.

Lower Income Families

Refers to families living on earnings that fall below the median income level for their area, often facing financial challenges.

Television Viewing

The activity of watching content on a television, which can include various genres such as news, entertainment, and educational programs, with implications for behavior and culture.

Poorly In School

Reference to students who are not achieving expected academic outcomes or meeting educational benchmarks.