Price Will Increase and Output Will Decrease Once Government Makes

question 211

Multiple Choice

Price will increase and output will decrease once government makes a firm

• A) internalize a negative externality.
• B) externalize a negative externality.
• C) internalize a positive externality.
• D) externalize a positive externality.

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Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Information Technology

refers to the use of computers, networking, software, and other electronic devices to manage and process data.

Smartphone App

A software application specifically designed to run on smartphones, offering various functionalities ranging from productivity to entertainment.

Rideshare

A service that arranges one-time shared rides on very short notice, typically facilitated by smartphone apps connecting passengers with drivers.