Externalities Are the Unintended Negative (Or in Some Cases Positive)

question 40

True/False

Externalities are the unintended negative (or in some cases positive) consequences that an economic transaction between two parties can have on some third party.

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Definitions:

Anaesthesia Provider

A healthcare professional specialized in giving anesthetic medications to prevent pain during surgery and other procedures.

Preoperative Assessment

The evaluation of a patient's health status before undergoing surgery to ensure safety and readiness.

Malignant Hyperthermia

A severe reaction to certain drugs used during anesthesia, characterized by a rapid increase in body temperature and severe muscle contractions.

Tachycardia

A condition where the heart rate exceeds the normal resting rate, typically defined as a heart rate over 100 beats per minute in adults.