Figure 10-4 -Refer to Figure 10-4.Externalities in This Market Could Be Internalized

question 364

Multiple Choice

Figure 10-4

-Refer to Figure 10-4.Externalities in this market could be internalized if

• A) there were a tax on the product.
• B) there were a subsidy for the product.
• C) production were stopped.
• D) the Coase theorem failed.

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Definitions:

Push Model

A distribution method where products are pushed through the supply chain, from production to final consumers, without direct consumer demand driving it.

Pull Model

A supply chain management strategy where the demand for product initiates production and distribution, in contrast to the traditional push model driven by forecasted demand.

Open-Source CRM

A customer relationship management system whose source code is available freely for use, modification, and distribution.

On-Premise

Refers to software and technology that is installed and runs on the premises of the person or organization using the software, rather than at a remote facility.