The Figure Given Below Shows the Marginal External Benefit Curve

question 43

Multiple Choice

The figure given below shows the marginal external benefit curve (MEB) of the country from the production of domestic mopeds. The increase in external benefits to the nation of the increased production of mopeds because of the tariff is:

• A)$13.25 million.
• B)$2.5 million.
• C)$5 million.
• D)$7.5 million.

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Definitions:

Organizational Processes

Activities or work that have to be accomplished to create outputs that internal or external customers value.

OD Efforts

Initiatives and strategies aimed at improving organizational effectiveness and employee well-being.

Quality Circles

Voluntary groups of workers who meet regularly to discuss workplace issues and to propose solutions for improvements in quality and efficiency.

Organizational Behaviour

The attitudes and behaviours of individuals and groups in organizations.