The United Nations Reports That at Least 11 of the World's

question 183

Multiple Choice

The United Nations reports that at least 11 of the world's 15 primary fishing grounds are seriously depleted.This is an example of a(n) _____

• A)negative externality.
• B)transaction cost.
• C)sunk cost.
• D)positive externality.
• E)moral hazard.

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Definitions:

Reality Principle

A psychoanalytic concept where an individual learns to assess the external world and act in a way that is appropriate to societal norms, as opposed to acting on the pleasure principle.

Gratification

The feeling of pleasure or satisfaction obtained from achieving something or having one's needs fulfilled.

Personality

A mix of personal qualities and features that establish a person's distinct identity.

Developmental Stage Theory

A framework in psychology that breaks down the process of human growth and development into distinct stages, each characterized by specific milestones and challenges.