Refer to the Figure Below

question 21

Multiple Choice

Refer to the figure below. This graph describes a good that:

• A)generates positive externalities.
• B)should be banned.
• C)generates negative externalities.
• D)the government should subsidize.

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Definitions:

Amplitude

The height or magnitude of a wave from its equilibrium or rest position, often used in physics to describe the intensity of sound waves, light waves, or other periodic signals.

Decibels

A unit of measurement for the intensity of sound, indicating the pressure level of sound waves.

Absolute Threshold

the minimum intensity of stimulation required to be detected 50% of the time.

Perceptual Adaptation

The ability of the body to adjust to an environment by filtering distractions.