A Market Transaction Causes an Externality If Someone

question 183

Multiple Choice

A market transaction causes an externality if someone

• A) directly involved in the transaction receives uncompensated benefits or costs from it.
• B) not directly involved in the transaction receives uncompensated benefits or costs from it.
• C) directly involved in the transaction seeks legal assistance to ensure that the transaction is carried out.
• D) not directly involved in the transaction interferes in it by imposing regulations or product standards.

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Definitions:

Needleless Devices

Medical devices designed to administer medications or fluids through the skin without the use of needles, enhancing safety by reducing needlestick injuries.

IV Piggyback Infusion

A method of delivering medication intravenously where a secondary container is connected to the primary IV line for simultaneous or sequential administration.

Medication Administration Record

A document used by healthcare providers to record and track the medications administered to a patient.

Y-port

A Y-shaped connection piece used in medical tubing systems to allow multiple lines to connect to a single access point.