Which of the Following Would Not Be an External Cost

question 3

Multiple Choice

Which of the following would not be an external cost associated with gambling?

• A)The increase in homelessness associated with casinos.
• B)The increase in crime near casinos.
• C)The effects on the gamblers' family.
• D)The cost of security at casinos.

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Definitions:

Outcome Variable

Another term for the dependent variable, specifically referring to the result or effect measured in a study.

Factorial Analysis

A statistical method used to describe variability among observed variables in terms of a potentially lower number of unobserved variables called factors.

Source Table

A detailed table used in reporting research or statistical results, which sources data or information.

Variance

A measure of the dispersion or spread of a set of values, calculated as the average of the squared differences from the mean.