Suppose the Production of Roses Generates a Positive Externality in That

question 23

Multiple Choice

Suppose the production of roses generates a positive externality in that travelers enjoy the scenic beauty of the garden. An appropriate government policy yielding the efficient outcome would be a:

• A) Pigouvian tax.
• B) Pigouvian subsidy.
• C) system of rose production permits.
• D) reduction in transaction costs.

---

Definitions:

Employees' Needs

The requirements or conditions necessary for employee satisfaction and efficiency in the workplace, such as recognition, compensation, and work-life balance.

Socialization Process

The method through which new employees acquire the necessary knowledge, skills, and behaviors to become effective members of an organization.

Corporate Culture

The shared values, beliefs, behaviors, and norms within a company that influence how work gets done and how employees interact.

Disney

An American multinational entertainment and media conglomerate known for its film studio, theme parks, merchandise, and as an iconic cultural and family entertainment brand.