Students Arriving Late to Class Are a Potential Negative Externality

question 13

Essay

Students arriving late to class are a potential negative externality because their tardiness may interrupt the instructor and distract students. Can you think of any way in which this externality could be curbed? That is, can you think of any methods that could be employed to internalize this negative externality?

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Definitions:

Liabilities

Financial obligations or debts that an individual or organization is legally responsible for.

Positive Discipline

A method of teaching and reinforcing desirable behaviors in employees while minimizing negative or punitive measures.

Performance Problem

Occurs when an employee's work does not meet established standards or expectations due to various factors like lack of skills or motivation.

Authority

The power or right to give orders, make decisions, and enforce obedience.