Which of the Following Describes How a Negative Externality Affects

question 65

Multiple Choice

Which of the following describes how a negative externality affects a competitive market?

• A)The externality causes a difference between the private cost of production and the social cost.
• B)The externality causes a difference between the private cost of production and the private benefit from consumption.
• C)The externality causes consumer surplus to exceed producer surplus.
• D)The externality causes a difference between the private cost of production and the equilibrium price.

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Definitions:

Perineum

Area inferior to the pelvic diaphragm between the thighs; extends from the coccyx to the pubis.

Urogenital Triangle

Anterior portion of the perineal region containing the openings of the urethra and vagina in the female and the urethra and root structures of the penis in the male.

Femoral Triangle

An anatomical region near the thigh's upper part, bordered by the sartorius muscle, adductor longus, and inguinal ligament, containing important nerves and vessels.

Abdominopelvic Cavity

A body cavity comprising both the abdominal and pelvic cavities, housing organs such as the stomach, liver, and intestines.