A Negative Externality Exists If

question 134

Multiple Choice

A negative externality exists if

• A)there are price controls in a market.
• B)there are quantity controls in a market.
• C)the marginal social cost of producing a good or service exceeds the private cost.
• D)the marginal private cost of producing a good or service exceeds the social cost.

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Definitions:

Secure Attachment

This is a type of emotional bond characterized by feelings of safety, security, and trust in relationships, often developed in early childhood.

Collaborative Empiricism

A therapeutic technique in cognitive therapy that involves working jointly with the client to empirically test the validity of specific thoughts and beliefs.

Beck's Cognitive

Beck's Cognitive Therapy, developed by Aaron T. Beck, is a therapeutic approach that identifies and changes negative and dysfunctional thoughts and beliefs to treat psychological disorders.

Psychotherapy

The treatment of mental disorder by psychological rather than medical means.