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

question 252

Multiple Choice

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

• A)​The benefits that accrue to society when an individual receives a college education.
• B)​The increase in property values of vacant lots in an area near where a new amusement park is constructed.
• C)​The pollination of apple trees that occurs when a beekeeper locates next door to an apple orchard.
• D)​None of the above

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Definitions:

Armrests

Supportive structures on the sides of seats for resting the arms, enhancing comfort and ergonomics.

Backrest

A support feature for the back of a chair, couch, or seat that provides comfort and postural support.

Drug Formulary

A list of prescription medications, both generic and brand name, that are approved for use and covered by a health plan.

Prescribing Medications

The act of authorizing and directing the use of a specific medication for a patient by a licensed healthcare professional.