An External Cost

question 68

Multiple Choice

An external cost

• A)is a marginal benefit.
• B)results in underproduction.
• C)is a payment from the government to a producer.
• D)is a cost that affects someone other than the seller.
• E)is a payment from a producer to the government.

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Definitions:

Cattell

A psychologist who made significant contributions to the fields of personality, intelligence, and psychological measurement.

Allport

Gordon Allport, a psychologist known for his theory of personality and his research on the psychology of prejudice.

Cardinal Trait

A personality attribute considered so dominant in an individual that it influences nearly all aspects of their behavior.

Gordon Allport

An influential psychologist known for his work on personality theory and the concept of personal traits.