Both Positive Externalities and Negative Externalities Produce Inefficiency

question 98

True/False

Both positive externalities and negative externalities produce inefficiency.

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Definitions:

Evolutionary Psychology

A theoretical approach in the social and natural sciences that examines psychological structure from a modern evolutionary perspective.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome.

Social Anxiety Disorder

A chronic mental health condition in which social interactions cause irrational anxiety, fear, embarrassment, or concern about being judged or viewed negatively by others.

Inhibited

Characterized by a restraint or suppression of action, feeling, or expression.