Which of the Following Is an Example of Internalizing an Externality

question 63

Multiple Choice

Which of the following is an example of internalizing an externality?

• A) a paper mill that spends money removing the pollution it generated
• B) a neighbor leaving lots of trash in his front yard
• C) a student receives $15 for each bright question asked during lecture
• D) Both A and C.

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Definitions:

Learning To Say No

The process or skill of setting personal or professional boundaries by declining requests or demands that exceed one’s capacity or value system.

Other Person's Perspective

The consideration and understanding of someone else's viewpoint or position in a situation or discussion.

Stress Prevention

Strategies and measures implemented to reduce or eliminate stressors in the environment to improve wellbeing and productivity.

Personal Wellness

Encompasses the physical, mental, and emotional health and well-being of an individual.