A Large Factory Pours Its Toxic Wastewater into a Nearby

question 201

Multiple Choice

A large factory pours its toxic wastewater into a nearby river, and as a result, the residents of a downstream community experience high rates of illness and birth defects.The economic problem illustrated by this example is

• A)marginal thinking.
• B)comparative advantage.
• C)repealing the laws of supply and demand.
• D)externalities.
• E)productivity growth.

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Definitions:

Major Client Accounts

High-value customer accounts that are crucial to a business's revenue, often receiving special attention and service.

Power Bases

The sources of influence and authority an individual or organization possesses, which can include factors like expertise, control of resources, and formal positions.

Social Capital

The networks, relationships, and social connections that provide individuals and groups with valuable resources, information, and support.

Sources of Power

The origins from which an individual or organization derives the ability to influence others, such as authority, knowledge, or relationships.