The Presence of an Unregulated Negative Externality Means That the Unregulated

question 50

Multiple Choice

The presence of an unregulated negative externality means that the unregulated market equilibrium quantity is:

• A)efficient.
• B)smaller than is optimal.
• C)larger than is optimal.
• D)greater than demand.

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Definitions:

Posttraumatic Stress Disorder

A psychiatric disorder that may occur in people who have experienced or witnessed a traumatic event such as a natural disaster, a serious accident, a terrorist act, war/combat, rape, or other violent personal assault.

Natural Disaster

An event such as a flood, earthquake, or hurricane that causes significant damage or loss of life, resulting from natural processes of the Earth.

Jumpy Anxiety

A state of heightened nervousness and fear that results in sudden, quick reactions to stimuli, often without logical basis.

Survivor Resiliency

The ability of individuals to recover from or adjust easily to misfortune or sustained life stressors.