A Positive Externality (That Has Not Been Internalized) Causes the

question 33

Multiple Choice

A positive externality (that has not been internalized) causes the

• A) equilibrium quantity to exceed the optimal quantity.
• B) equilibrium quantity to equal the optimal quantity.
• C) optimal quantity to exceed the equilibrium quantity.
• D) equilibrium quantity to be either above or below the optimal quantity.

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Definitions:

Sourcing

The process of finding and acquiring goods, services, or information from external suppliers or sources.

Press Releases

Written or recorded communication directed at members of the news media for the purpose of announcing something purportedly newsworthy.

Media Conglomeration

The ownership and control of a large number of media companies by a single corporation, leading to reduced competition and diversity in content.

Multimedia Concentration

The study or practice of using a combination of different content forms such as text, audio, images, animations, video, and interactive content to deliver information or entertainment.