Which of the Following Activities, If Any, Represents an External

question 9

Multiple Choice

Which of the following activities, if any, represents an external cost?

• A)​The reduction in the incidence of chicken pox when children are inoculated against the disease.
• B)​The damage to a person's health from secondhand smoke.
• C)​The increase in local property values when the city creates a neighborhood park.
• D)​The price you pay for the prime rib that you consume at a local restaurant.

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Definitions:

Archival Research

A research method that involves the acquisition and analysis (or reanalysis) of existing information collected by others.

High Cost

Refers to situations where the expense, either emotional, financial, or time-related, is considered to be significant or excessive.

Causal Hypothesis

A statement predicting a cause-and-effect relationship between two or more variables.

Dependent Variable

In experimental research, it is the variable being tested and measured, expected to change as a result of manipulations of the independent variable.