Which of the Following Statements Is Correct

question 105

Multiple Choice

Which of the following statements is correct?

• A)Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and decrease the price of the good produced.
• B)Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and increase the price of the good produced.
• C)Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and decrease the price of the good produced.
• D)Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and increase the price of the good produced.

---

Definitions:

Strategic Implementation

The process of executing plans and strategies to achieve long-term goals within an organization.

Defender Strategy

A business approach focusing on defending existing market positions and focusing on product or service quality and reliability to retain customers.

Existing Products

Items or goods that have been created and are currently available in the market.

Current Market Share

The portion or percentage of total sales in a market captured by a company or product at a specific point in time, indicating competitiveness.