If the Consumption of a Good Yields External Benefits,then

question 65

Multiple Choice

If the consumption of a good yields external benefits,then

• A)The social demand is greater than the market demand.
• B)The social demand is equal to the market demand.
• C)The social demand is less than the market demand.
• D)There is neither social demand nor market demand for the good.

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Definitions:

Innate

Refers to qualities, abilities, or knowledge that are present from birth, not acquired through experience or learning.

Evolutionary Reason

An explanation for a trait, behavior, or phenomenon that is based on the principles of natural selection and adaptation.

Amygdala

A part of the brain's limbic system involved in emotion regulation, especially fear and pleasure responses.

Crowding

A situation in which too many people or objects are located within a particular space, leading to a sense of congestion or discomfort.