When an Activity Results in the Creation of External Benefits

question 61

True/False

When an activity results in the creation of external benefits, markets will produce more than the socially optimal level of that activity.

---

Definitions:

Boolean Equation

A Boolean equation is an algebraic expression that represents logical operations, composed of Boolean variables and logical operators, yielding true or false outcomes.

Boolean Expressions

Logical statements that can only result in true or false, used in decision-making in programming.

Equality Operator

An operator used in programming to test if two values are equal, typically represented by '==' symbols.

Initialized

The process of assigning an initial value to a variable, data structure, or object at the time of its creation.