Activities That Generate External Costs Will Likely Be Carried Out

question 40

Multiple Choice

Activities that generate external costs will likely be carried out at levels that _____ those that would be efficient.

• A)are equal to
• B)are less than
• C)exceed
• D)compete with

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Definitions:

Administer

The process of giving or applying a substance or treatment to a person or an organism.

Recur

To happen again or repeatedly, often used in the context of symptoms or conditions in medicine.

Activities

Tasks, actions, or pursuits that involve physical or mental engagement, often categorized as leisure, daily living, or work-related.

Rate

A quantitative measure indicating the frequency or occurrence of an event within a given time period.