Generally, Positive Externalities Result in

question 47

Multiple Choice

Generally, positive externalities result in

• A)too much of a good being produced.
• B)the socially optimal output of a good being produced.
• C)too little of a good being produced.
• D)either a or c
• E)any of the above

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Definitions:

Conscious Marketing Principle

An approach to marketing that recognizes the broader impacts of actions on stakeholders and society, aiming for ethical and sustainable practices.

Environmentally Damaging

Something is environmentally damaging if it has a negative impact on the natural world, including pollution, habitat destruction, and contributing to climate change.

Child Labor

The employment of children in any work that deprives them of their childhood, interferes with their ability to attend regular school, and is mentally, physically, socially, or morally harmful.

Corporate Social Responsibility

A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.