If a Good That Involves External Costs Is Priced to Take

question 85

Multiple Choice

If a good that involves external costs is priced to take these costs into account, then its:

• A) price would fall and output would go up.
• B) price would rise and output would fall.
• C) price would not change but output would fall.
• D) price would rise but output would stay the same.

---

Definitions:

Assessment Report

The “deliverable” or “end product” of the assessment process. Its purpose is to synthesize an assortment of assessment techniques so that a deeper understanding of the examinee is obtained and recommended courses of action can be offered.

Educational Services

Programs or interventions designed to teach or enhance learning among students or participants.

Demographic Information

Data collected regarding the characteristics of populations, such as age, race, gender, income, and education.

Ethnic Background

A person's heritage, including the cultural traditions, language, and history of their ancestors.