A Positive Externality or Spillover Benefit Occurs When

question 184

Multiple Choice

A positive externality or spillover benefit occurs when

• A) product differentiation increases the variety of products available to consumers.
• B) the benefits associated with a product exceed those accruing to people who consume it.
• C) a firm does not bear all of the costs of producing a good or service.
• D) firms earn positive economic profits.

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Definitions:

Disjunctive Tactics

Strategies or methods that involve choosing alternatives that are not naturally connected or are divergent in approach.

Career-enhancing Benefits

Advantages or perks offered by employment that contribute to the professional growth and career advancement of the employee.

Positive Reinforcer

A stimulus which, when presented after a behavior, increases the likelihood of that behavior being repeated.

Developmental Assignments

Jobs or projects given to employees with the purpose of helping them acquire new skills or improve existing ones.