A Negative Externality Exists Whenever

question 166

Multiple Choice

A negative externality exists whenever

• A) there are no internal costs.
• B) production of a good creates an external cost.
• C) production of a good creates an external benefit.
• D) production of a good has no social cost.
• E) production of a good has no social benefit.

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Definitions:

Recall

The act of remembering or being able to bring back to mind an experience, fact, or piece of information.

Encoding

The method of changing data into a structure suitable for memory preservation.

Retention Measurement

The method of assessing the degree to which information or skills are maintained over time by an individual or group.

Recall

The act of retrieving information or memories from the past without being explicitly prompted to do so.