External Benefits Can Drive a Wedge Between the _______ and the _______

question 11

Multiple Choice

External benefits can drive a wedge between the _______ and the _______ resulting in a market failure.

• A)private marginal WTP curve; social marginal WTP curve
• B)market demand curve; social marginal WTP curve
• C)market supply curve; social marginal costs
• D)none of the choices are correct

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Definitions:

Charles Tilly

A renowned sociologist and historian who significantly contributed to the study of social movements and collective action.

Breakdown Theory

A theory suggesting that societal or structural failure leads to the disintegration of norms and values, resulting in social disorder.

New Social Movement Theory

A sociological theory focusing on the unique characteristics of social movements that emerged in the late 20th century, emphasizing identity, culture, and decentralized organization.

Frame Alignment Theory

A sociological theory that explains how social movement organizations align their activities and ideologies with the interests and beliefs of potential new members to increase participation.