Which of the Following Is an Example of an External

question 270

Multiple Choice

Which of the following is an example of an external cost?

• A) The cost of labor to a firm
• B) The pollution caused by automobile exhaust
• C) The cost of tires for your car
• D) The opportunity cost of getting a college education

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Definitions:

Uninvolved Parent

A parenting style characterized by a lack of responsiveness to a child's needs, marked by minimal communication and limited emotional involvement.

Discipline

The practice of training people to obey rules or a code of behavior, using punishment to correct disobedience.

Self-Control

The ability of an individual to regulate their emotions, thoughts, and behaviors in the face of temptations and impulses.

Innate

Traits, abilities, or qualities that are natural, inherent, or present from birth, not acquired through learning.