Market Failure Because of Negative Externality Results In

question 23

Multiple Choice

Market failure because of negative externality results in:

• A) marginal social cost equal to marginal private costs.
• B) marginal social cost less than marginal social benefits.
• C) marginal social cost equal to marginal social benefits.
• D) greater outputs and lower price than socially desirable.

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Definitions:

Delusions

Delusions are strongly held false beliefs that are not influenced by logic or reality, often seen in psychiatric disorders.

Mood Disorder

A category of mental health disorders where the primary symptoms involve changes or disturbances in mood or emotional state, often affecting daily functioning.

Physiological Condition

A state of normal function or balance in a living organism or any of its parts.

Depressive Features

Depressive features refer to characteristics or symptoms indicative of depression, such as persistent sadness, lack of interest in activities, and changes in sleep or appetite.