If the External Costs of Production Are NOT Taken into Account

question 228

Multiple Choice

If the external costs of production are NOT taken into account, then production will

• A) be less than socially desirable.
• B) be more than socially desirable.
• C) be the same since only prices are affected by externalities.
• D) cease.

---

Definitions:

Spoon Shaped

Describing an object or form that resembles the shape of a spoon, often used in medical contexts to describe certain types of deformities or conditions.

Iron Deficiency

A condition resulting from insufficient iron in the body, leading to a decrease in the production of hemoglobin, which can cause anemia.

Skin Assessment

A clinical evaluation of the skin to identify its condition, changes, or abnormalities.

Exudate

Fluid that has filtered from the circulatory system into lesions or areas of inflammation, often containing proteins, cells, or solid debris.