The Inclusion of External Benefits in the Decision Making Process

question 59

Multiple Choice

The inclusion of external benefits in the decision making process determining equilibrium price and quantity leads to

• A) lower priced items and increased quantity.
• B) lower priced items and a decline in quantity.
• C) higher priced items and increased quantity.
• D) higher priced items and a decline in quantity.

---

Definitions:

Constitutional Right

A constitutional right is a right granted and protected by a country's constitution, often including freedoms such as speech, religion, and assembly.

Free Speech

The privilege of stating one's beliefs and concepts freely without concern for governmental backlash or restriction.

State Agency

A government organization that administers a specific function or area of activity at the state level.

First Amendment

The amendment to the U.S. Constitution that protects freedoms such as speech, religion, and assembly.