If a Negative Externality Is Associated with Burning Firewood

question 143

Multiple Choice

If a negative externality is associated with burning firewood:

• A) the marginal social cost of burning firewood falls short of its price.
• B) the marginal social cost of burning firewood is exactly equal to its price.
• C) less than the efficient amount of firewood for burning will be used each year.
• D) the marginal social cost of burning firewood exceeds the price of burning firewood.

Identify strategies for managing and overcoming resistance to change in organizational settings.

Understand the process of negotiation including the development of alternative deal packages and finding common ground.

Recognize the characteristics and implications of different types of changes as outlined in the Nadler-Tushman model.

Comprehend the importance of being proactive versus reactive in the context of organizational change and leadership.