A)Give the Definition of "Externality" and Indicate Why Externalities Can

question 142

Essay

a)Give the definition of "externality" and indicate why externalities can result in a failure to achieve equality between social marginal cost and social marginal benefit.Demonstrate your answer with a graph showing external costs.
b)What are the 3 reasons why governments decide to provide quasi-public good?

Identify factors that contribute to the development and recurrence of mood disorders such as stress, genetic predispositions, and neurotransmitter imbalances.

Distinguish between various mood disorders based on their symptoms and demographic profiles.

Understand the role of negative and positive moods in cognitive processing and decision-making.

Acknowledge the global and gender-specific prevalence of mood disorders.

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Definitions:

Delaware

A U.S. state located on the Atlantic Coast in the mid-Atlantic region, known for its business-friendly corporation laws.

Publicly Traded Corporations

Companies whose shares are traded on public stock exchanges, allowing them to be bought by and sold to the general public.

Self-dealing

A situation in which an individual with fiduciary duties acts in their own best interest rather than in the interest of the beneficiaries, potentially leading to a conflict of interest.

Business

The practice of making one's living by engaging in commerce, trade, or services.