When a Positive Externality Is Present

question 79

Multiple Choice

When a positive externality is present:

• A)resources are underallocated to the source of externality.
• B)transaction costs are positive.
• C)there is no possibility to increase the gains from trade.
• D)resources are overallocated to the source of externality.

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Definitions:

Job Characteristics

The attributes or aspects of a job, such as its tasks, responsibilities, and working conditions, that can affect employee motivation and job satisfaction.

Motivate Employees

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Canadian Charter

Refers to the Canadian Charter of Rights and Freedoms, a portion of the Constitution Act, 1982, which protects the civil rights of people in Canada from policies and actions of all levels of government.

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