Internalising a Negative Consumption Externality Will Cause the Market Supply

question 141

True/False

Internalising a negative consumption externality will cause the market supply curve to shift to the left.

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Definitions:

Satisfied Need

A psychological or physiological requirement that has been fulfilled, contributing to an individual's well-being and motivation.

Rhetoric Tools

Techniques used in speaking or writing to persuade, inform, or entertain an audience.

Pathos

An appeal to emotion in rhetoric or art, aiming to evoke feelings of sympathy, sadness, anger, or other emotions to persuade or affect the audience.

Aristotle

An ancient Greek philosopher and scientist whose works cover a wide range of subjects and who is considered one of the greatest philosophers in history.