Which of the Following Leads to an Underallocation of Resources

question 198

Multiple Choice

Which of the following leads to an underallocation of resources to a specific economic activity?

• A) External costs
• B) External benefits
• C) Marginal costs
• D) Effluent benefits

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Definitions:

Speech Function

The utilization of verbal communication for expressing ideas, emotions, and desires through structured vocal sounds.

Zone

A zone is a specific area or region designated for a particular purpose or characterized by a particular feature.

Proximal Development

A concept in psychology referring to the zone of development where a learner can perform a task under adult guidance or with peer collaboration that could not be achieved alone.

Imitate

To copy or mimic the actions, behavior, or physical appearance of someone or something else, often as a method of learning or entertainment.