In the Presence of Negative Externalities, ________ Is Produced and in the Presence

question 91

Multiple Choice

In the presence of negative externalities, ________ is produced and in the presence of positive externalities, ________ is produced.

• A) too little of the good; too much of the good
• B) too much of the good; too little of the good
• C) too much of the good; the right amount of the good
• D) the right amount of the good; too little of the good

---

Definitions:

Labour Force

The total number of people employed or actively looking for employment in a specific area or economy.

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.

Human Resources Accounting

Involves the identification, measurement, and reporting of investments in human capital and their economic impacts on an organization.

Executive Salaries

Compensation packages designed for top-level management and executives of an organization, often including base salary, bonuses, and other benefits.