It Is True of Externalities That They

question 68

Multiple Choice

It is true of externalities that they

• A)are always detrimental.
• B)are always beneficial.
• C)arise when all costs, social and private, are included in production cost.
• D)cause the price system to misallocate resources.

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Definitions:

Democratic Manner

A style of leadership or decision-making that involves participation and voting by all members of the group.

Inspirational Motivation

The leadership behavior that motivates and inspires followers by providing meaning and challenge to their work.

Male-Dominated Environments

Workplaces or sectors where the majority of roles or leadership positions are held by men, often leading to gender imbalances.

Directive Styles

Leadership or managerial approaches that involve giving clear and specific instructions or guidelines to followers.