An Efficient Equilibrium Occurs When

question 228

Multiple Choice

An efficient equilibrium occurs when:

• A) private costs equals private benefits.
• B) social costs equals private benefits.
• C) private costs equals social benefits.
• D) social costs equals social benefits.

---

Definitions:

Autonomic Nervous System

A subdivision of the peripheral nervous system that controls bodily functions not consciously directed, such as breathing, the heartbeat, and digestive processes.

Ventricles

The two lower chambers of the heart which receive blood from the atria and pump it into the arteries.

Subarachoid Space

The Subarachnoid Space is the area between the arachnoid membrane and pia mater around the brain and spinal cord, containing cerebrospinal fluid.

Cerebrospinal Fluid

A clear, colorless body fluid found in the brain and spinal cord, providing cushioning and maintaining a stable environment.