When Production of a Good Creates an External Benefit

question 61

Multiple Choice

When production of a good creates an external benefit:

• A) there is a negative externality.
• B) too much of the good is being produced.
• C) there is a positive externality.
• D) it results in the tragedy of the commons.
• E) a governmental good is being produced.

---

Definitions:

Blood Pressure Cuff

A device used in conjunction with a sphygmomanometer to measure arterial blood pressure by constricting the arm or leg.

Light-blue-stoppered Tubes

Tubes used in medical blood collection that have a light-blue stopper, indicating they contain an anticoagulant and are typically used for coagulation tests.

Velcro-type Tourniquet

A device that uses Velcro to tightly wrap and compress a limb, restricting blood flow to control bleeding or for medical procedures.

Venipuncture

The puncture of a vein, typically using a needle, to withdraw blood for testing or to administer medications.