Which of the Following Statements Is Not Correct

question 342

Multiple Choice

Which of the following statements is not correct?

• A)Government policies may improve the market's allocation of resources when negative externalities are present.
• B)Government policies may improve the market's allocation of resources when positive externalities are present.
• C)A positive externality is an example of a market failure.
• D)Without government intervention, the market will tend to undersupply products that produce negative externalities.

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Definitions:

SPIN Approach

A sales technique that focuses on Situation, Problem, Implication, and Need-payoff to better understand and address customer needs.

FAB Presentation

A selling approach focusing on Features, Advantages, and Benefits of a product or service to persuade customers.

Referral

A recommendation from one person to another, directing someone towards a particular service, product, or professional.

Complimentary

Given free of charge, often as a courtesy or for promotional purposes.