In Order to Achieve a Socially Optimal Level of Output,production

question 35

Multiple Choice

In order to achieve a socially optimal level of output,production that generates positive externalities should be:

• A)required.
• B)subsidized.
• C)conducted by the government.
• D)deregulated.

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Definitions:

Gambling Addiction

A disorder characterized by the uncontrollable urge to gamble, leading to significant personal, social, and financial problems.

Conditional Positive Regard

Acceptance and love that are contingent upon a person behaving in certain ways or meeting certain conditions.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology and developed client-centered therapy.

Psychoticism

A personality pattern typified by aggressiveness and interpersonal hostility, and in the context of mental illness, can refer to a tendency towards psychosis.