If the Social Value of Producing a Good Is Always

question 433

Multiple Choice

If the social value of producing a good is always higher than the private value of producing it, then there is a

• A)negative externality associated with the production of the good, and the market equilibrium quantity of the good is less than the socially optimal quantity.
• B)negative externality associated with the production of the good, and the socially optimal quantity of the good is less than the market equilibrium quantity.
• C)positive externality associated with the production of the good, and the market equilibrium quantity of the good is less than the socially optimal quantity.
• D)positive externality associated with the production of the good, and the socially optimal quantity of the good is less than the market equilibrium quantity.

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Definitions:

Harassed

Being subjected to aggressive pressure or intimidation, often persistently.

Sexual Harassment

Unwanted and unwelcome behavior of a sexual nature, creating an intimidating, hostile, or offensive environment.

Supervisors

Individuals who oversee the work of others, responsible for guiding, managing, and evaluating the performance of subordinates.

Sexual Harassment

Unwanted sexual advances, requests for sexual favors, or other verbal or physical conduct of a sexual nature in the workplace or learning environments.