A Positive Externality Is Internalized When

question 10

Multiple Choice

A positive externality is internalized when

• A)demand shifts to the right until the socially optimal level of output is obtained.
• B)demand shifts to the left until the socially optimal level of production is obtained.
• C)supply shifts to the left until the socially optimal level of production is obtained.
• D)supply and demand both shift to the left until the socially optimal level of production is obtained.

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Definitions:

Micromanages

A management style where a leader closely observes or controls the work of their subordinates or employees excessively.

Non-threatening

Describes an approach or behavior that is perceived as safe, inviting, and without any intention of causing harm or fear.

Co-workers

Individuals who work in the same organization or on the same team, sharing responsibilities and collaborating on projects.

Unknown Area

Refers to a topic, location, or field that is not known or familiar to someone or a group.