Which of the Following Statements Is Correct

question 105

Multiple Choice

Which of the following statements is correct?

• A)Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and decrease the price of the good produced.
• B)Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and increase the price of the good produced.
• C)Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and decrease the price of the good produced.
• D)Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and increase the price of the good produced.

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Definitions:

Dramatic Behaviors

Activities or actions characterized by expressive, exaggerated, or theatrical elements.

Impulsive Behaviors

Actions performed suddenly without clear thought or planning, often in response to immediate stimuli.

Personality Disorder

A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience.

Hypochondriasis

A psychological disorder characterized by excessive worrying over having a serious illness, despite medical reassurance.