If a Negative Externality Exists, __________ in Order for the Socially

question 104

Multiple Choice

If a negative externality exists, __________ in order for the socially optimal output to be reached.

• A)supply needs to increase
• B)supply needs to decrease
• C)demand needs to increase
• D)b and c
• E)none of the above

---

Definitions:

Horney's Theory

A psychoanalytic approach developed by Karen Horney, focusing on social and cultural factors influencing personality, emphasizing the concept of basic anxiety.

Freud's Personality

Sigmund Freud's theory of personality, which includes the id, ego, and superego as the three primary components.

Cognitive-Social Learning Theories

Frameworks suggesting that people learn behaviors through observing others, imitating them, and seeing the consequences of these actions.

Personality

Personality encompasses the characteristic patterns of thoughts, feelings, and behaviors that make a person unique, and which persist over time and across situations.