Which of the Following Must Be Present to Reach a Private

question 78

Multiple Choice

Which of the following must be present to reach a private solution to an externality problem?

• A)A majority of the parties affected by the externality must agree to a solution.
• B)The transactions costs to negotiate a solution must be relatively low.
• C)The total number of people, creators of the problem and those affected, must be relatively large to justify negotiating a solution.
• D)The government must approve the solution for it to be a legal solution.

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Definitions:

Dilating/probing

The process of expanding an opening or passage in the body, often for medical examination or treatment purposes.

Needle Holder

A surgical instrument used to hold a suturing needle during the process of stitching wounds or surgical incisions.

Suture Needle

A type of needle used by surgeons to close wounds or surgical incisions, typically designed to be strong and sharp for passing through tissue with minimal trauma.

Suturing Process

The method of closing a wound or surgical incision with stitches to facilitate healing.