If a Market Is Subject to a Positive Externality

question 76

Multiple Choice

If a market is subject to a positive externality,

• A) the demand curve reflecting social benefit will be to the right of the demand curve representing private benefit.
• B) there is only one demand curve.
• C) the demand curve reflecting social benefit will be to the left of the demand curve representing private benefit.
• D) private benefit will exceed social benefit.

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Definitions:

Client-Centered Therapy

A form of psychotherapy developed by Carl Rogers that emphasizes providing a supportive environment in which clients can improve self-concept and gain insight into problems.

Therapeutic Environment

An environment designed to promote healing and wellness, often characterized by safety, support, and care, within the context of mental health treatment or therapy.

Transference

A psychological phenomenon where an individual unconsciously redirects feelings and desires from their past onto a new object or person, often encountered in psychotherapy.

Growing Affection

The gradual increase of fondness or love towards someone or something.