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A Negative Externality Is a Cost That Individuals or Firms

question 65

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A negative externality is a cost that individuals or firms impose on others without having to offer compensation.


Definitions:

Polypharmacy

The use of multiple medications by a patient, particularly common among older adults and can lead to adverse drug interactions.

Concurrent Use

The simultaneous use of multiple medications or treatments by a patient, often assessed for potential drug interactions.

Medications

Substances used in the diagnosis, treatment, or prevention of disease and for relieving pain or suffering.

Developmental Tasks

Certain psychological and emotional accomplishments that are expected to be achieved by individuals as they grow and develop.

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