A shift from S1 to S2 reflects the change that happens when a negative externality is taken into account. A shift from D1 to D2 reflects the change that happens when a positive externality is taken into account.
-Refer to the above figures. Which of the panels would be consistent with the situation in which external costs exist?
Definitions:
Family Therapy
A form of psychotherapy that involves members of a nuclear or extended family in order to explore and improve family relationships and dynamics.
Reframing
A psychological technique involving changing the context or viewpoint of a situation to see it in a positive or different light.
Detriangulation
The process of removing a third party from a conflict between two other parties to directly address and resolve the issue.
Deinstitutionalization
The policy of moving people with mental or physical disabilities from large institutional settings into community-based care.
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