Who Gains Surplus When Consumers in a Market Are Forced

question 6

Multiple Choice

Who gains surplus when consumers in a market are forced to internalize a negative externality?

• A)Consumers
• B)Producers
• C)Others affected by the externality
• D)All of these groups gain surplus when negative externalities are internalized.

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Definitions:

Mental Retardation

A term formerly used to describe a condition characterized by significantly below-average intellectual functioning and limitations in areas of daily living, now referred to as intellectual disability.

Facial Features

Visible attributes of the face, such as the eyes, nose, and mouth, which are often used in biometric identification and expression analysis.

Fetal Alcohol Syndrome

Fetal alcohol syndrome is a condition in a child that results from alcohol exposure during the mother's pregnancy, causing brain damage and growth problems.

Malformations

Structural deformities or imperfections in the body, often present from birth, that can affect various parts of the body.