What Does the Private Market Produce When a Negative Externality

question 67

Multiple Choice

What does the private market produce when a negative externality exists?

• A)Products at a high opportunity cost
• B)Less than the economically efficient output level
• C)Products at a low opportunity cost
• D)More than the economically efficient output level

---

Definitions:

Goal Setting

The process of identifying something that you want to accomplish and establishing measurable objectives and timeframes.

Time Management

The practice of organizing and planning how to divide one's time between specific activities to effectively achieve goals.

Procrastination

The act of delaying or postponing tasks or decisions, often leading to stress, anxiety, or reduced productivity.

Unpleasant Tasks

Tasks or duties that are disagreeable, distressing, or aversive to an individual, often leading to avoidance behaviors.