If a Person Does Not Pay All Costs Associated with a Particular

question 156

Multiple Choice

If a person does not pay all costs associated with a particular resource-using activity, then

• A) the external costs of the activity are greater than the private costs of the activity.
• B) the social costs of the activity are greater than the private costs of the activity.
• C) the external costs of the activity are greater than the internal costs of the activity.
• D) the full costs of the activity are the sum of private costs plus internal costs.

---

Definitions:

Epiglottis

Tissue flap that folds down to prevent food from entering the trachea during swallowing.

Glottis

Opening formed when the vocal cords relax.

Respiratory Cycle

One inhalation and one exhalation.

Inhalation

The process of drawing air into the lungs, a vital part of the respiratory cycle that allows for oxygen absorption into the bloodstream.