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State Whether the Inequality Is True or False 2<1.41- \sqrt { 2 } < - 1.41

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True/False

State whether the inequality is true or false. 2<1.41- \sqrt { 2 } < - 1.41

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Definitions:

External Benefits

Positive effects experienced by third parties or the broader society as a result of an economic transaction or activity that are not reflected in market prices.

Market Demand Curve

A graphical representation showing the relationship between the price of a good and the total quantity demanded by all consumers in the market.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often associated with public goods and services.

Free-Market Economy

An economic system where prices are determined by unrestricted competition between privately owned businesses without government intervention.

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