Suppose That in the Production of Peanut Butter, Peanuts 'R

question 39

Multiple Choice

Suppose that in the production of peanut butter, Peanuts 'R' Us discards broken peanut shells onto an adjacent recreational area.This will most likely lead to the market failure of:

• A) external cost.
• B) deregulation.
• C) imperfect information.
• D) special interest groups.

---

Definitions:

Strategy

A plan of action designed to achieve a long-term or overall aim, often used in business, marketing, military, and game theory contexts.

Second Job

Employment taken in addition to one's primary job, often to earn extra income.

Full Time

Employment status in which an individual works the maximum number of legal hours defined by the employer, often with benefits.

Business Profits

The excess of revenues over expenses for a business operation, indicating the financial success of the company.