A Positive Externality Exists When

question 117

Multiple Choice

A positive externality exists when

• A)a person's or group's actions cause a benefit that is felt by others.
• B)a person's or group's actions cause a cost that is felt by others.
• C)the market output is greater than the socially optimal output.
• D)the socially optimal level of output is equal to the market output.

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Definitions:

Social Media

Platforms and technologies that enable users to create, share, and engage with content, and participate in social networking.

Additional Training

Extra educational or skill development activities beyond initial education or training.

Data Collected

Information that is gathered through various means such as surveys, observations, or analytics for purposes of analysis and decision-making.

Metrics

Quantifiable measures used to evaluate the success of a campaign, product, or service in achieving its objectives.