If a Good That Generates Positive Externalities Was Produced and Priced

question 120

Multiple Choice

If a good that generates positive externalities was produced and priced to take into account these spillover benefits, then its

• A)price and output would increase.
• B)output would increase, but price would remain constant.
• C)price would increase and output would decrease.
• D)price would increase, but output would remain constant.

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Definitions:

Customer Service

The support and assistance provided by a company to those who buy or use its products or services.

Marketers

Professionals or organizations who promote and sell products or services to consumers or other businesses.

Excellent

Refers to a high level of quality or superiority.

Emotional Support

Assistance provided through empathy, concern, and understanding to help individuals cope with stress or emotional burdens.