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When Positive Externalities Are Present, It Leads to an Underallocation

question 113

True/False

When positive externalities are present, it leads to an underallocation of resources in that area relative to that which is socially desirable.


Definitions:

Hemat/o

A prefix relating to blood.

Septicemia

A serious bloodstream infection that can lead to sepsis, a potentially life-threatening condition.

Hemostasis

The process by which bleeding is stopped via blood clotting after a blood vessel injury.

Hypoglycemia

A condition characterized by an abnormally low level of glucose (sugar) in the blood, often causing symptoms such as shakiness, sweating, and confusion.

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