Who Loses Surplus When Consumers in a Market Are Forced

question 23

Multiple Choice

Who loses surplus when consumers in a market are forced to internalize a positive externality?

• A)Consumers
• B)Producers
• C)Others affected by the externality
• D)Both producers and consumers lose surplus when positive externalities are internalized.

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Definitions:

Cystitis

Inflammation of the bladder, often caused by a urinary tract infection.

Glucose Positive

Indicates the presence of glucose in a sample, such as in a urine test, which can be a sign of diabetes when glucose is consistently found.

Protein Negative

A test result indicating the absence of proteins in a fluid, commonly referring to urine tests.

PH Of 6

Indicates a slightly acidic substance on the pH scale, which ranges from 0 (highly acidic) to 14 (highly basic or alkaline), with 7 being neutral.