Which of the Following Is NOT a Benefit of the Multi-Generation

question 48

Multiple Choice

Which of the following is NOT a benefit of the multi-generation extended family?

• A) Family history and traditions are passed on.
• B) More generations know each other than ever before.
• C) More demands are placed on younger relatives.
• D) There is a greater sense of family continuity.

---

Definitions:

Marginal Social Cost

The additional cost incurred by society as a whole due to the production of one more unit of a good or service.

Damage Cost

The monetary cost associated with the harm done to goods in an economy, which can result from disasters, accidents, or intentional acts.

Negative Externality

An adverse effect suffered by a third party as a result of an economic transaction in which they had no involvement.

Internalize

The process of incorporating the cost of externalities into the decision-making process of firms or individuals.