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:

Predictive Accuracy

The ability of a model or method to correctly predict outcomes or behaviors.

BESD

Stands for Behavioral, Emotional, and Social Difficulties, a term used in educational and clinical contexts to describe challenges in these areas that may affect learning or interaction.

Predictive Accuracy

The degree to which a forecast or prediction correctly anticipates the actual outcome.

Situationist Critique

A perspective or critique emphasizing the impact of situational and environmental influences on human behavior, often challenging trait-based personality theories.