When There Are No Externalities

question 299

Multiple Choice

When there are no externalities

• A) social costs are greater than private costs.
• B) social costs are less than private costs.
• C) private costs are greater than social costs.
• D) private costs equal social costs.

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Definitions:

Category

A class or division of people or things regarded as having particular shared characteristics.

Head-to-toe Examination

A comprehensive physical examination that starts at the head and moves to the toes, systematically checking each body part for signs of health or disease.

Vital Signs

Basic body functions measured to assess an individual's general physical health, including temperature, pulse, respiration rate, and blood pressure.

General Appearance

The initial observation made about a person's physical state, presence of visible abnormalities, and overall demeanor, often important in clinical assessments.