When the Cost of an Action Falls on Other Than

question 28

Multiple Choice

When the cost of an action falls on other than the person (or persons) responsible for the action,which of the following exists?

• A)Positive externality
• B)Negative externality
• C)Externality in consumption
• D)Externality in production
• E)External cost

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Definitions:

Social Change

The transformation over time of cultural values, norms, and institutions, which impacts how societies are structured and individuals interact within them.

Harlem Renaissance

An intellectual, social, and artistic explosion centered in Harlem, New York, during the 1920s, celebrating African American cultural expression.

Artistic Expression

The use of creative skills in the form of art to convey feelings, thoughts, or ideas.

Conditioned Stimulus

In classical conditioning, a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.