Externalities Are

question 6

Multiple Choice

Externalities are

• A)side effects passed on to a party other than the buyers and sellers in the market.
• B)side effects of government intervention in markets.
• C)external forces that cause the price of a good to be higher than it otherwise would be.
• D)external forces that help establish equilibrium price.

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Definitions:

Servant Leader

A leadership philosophy centered on serving others first, focusing on the growth and well-being of communities and people, and putting the needs of others before one's own.

Empowering Leader

A leadership approach focused on giving team members resources, authority, opportunity, and motivation, while holding them responsible for the outcome of their actions.

Authentic Leader

A leader who is genuine and transparent, leading with integrity, and promoting trust and openness within their organization.

Self-Leadership

The practice of intentionally influencing your thinking, feeling, and actions towards your objectives, fostering self-direction and self-motivation.