An External Benefit Occurs When

question 212

Multiple Choice

An external benefit occurs when

• A)some of the benefits derived from the production or consumption of some good or service are enjoyed by a third party.
• B)the production or consumption of some good or service inflicts costs on a third party without compensation.
• C)private costs exceed social costs.
• D)private benefits exceed private benefits.

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Definitions:

Learned Helplessness

An instance where a person is overwhelmed by feelings of helplessness, caused by either a distressing event or continual lack of success.

Contingency Blocking

A phenomenon in classical conditioning where a previously learned association prevents the learning of a new association.

Latent Learning

A learning process that occurs without any immediate expression of the learned behavior or association until a suitable motivation is provided.

Latent Learning

occurs without immediate reinforcement and is not immediately demonstrated through performance, becoming apparent only when there is motivation to demonstrate it.