Use the Following to Answer Question

question 107

True/False

Use the following to answer question:
-(Table: The Marginal Social Benefit of Computer Chips) Look at the table The Marginal Social Benefit of Computer Chips. The production of computer chips generates an external benefit in the form of a technology spillover. If the marginal social benefit is indicated by MSB, the optimal Pigouvian subsidy is equal to $10.

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Definitions:

Spontaneous

Occurring naturally, without being planned or premeditated, often resulting from a sudden impulse or inclination.

Nonprogrammed

Nonprogrammed decisions refer to responses made to situations that are unique, poorly defined and unstructured, and for which pre-specified processes are not applicable.

Role Ambiguity

A situation where an employee lacks clear understanding of their job duties, responsibilities, or expectations, leading to confusion and stress.

Overconfident

Having an excessively high opinion of one’s abilities, accuracy, or judgement.