If Taxpayers Are Forced to Pay for the Schools Needed

question 137

Multiple Choice

If taxpayers are forced to pay for the schools needed to meet the needs created by a new real estate development in an area,

• A) a positive externality has been created.
• B) the developers have transferred the negative externality to taxpayers.
• C) a public good situation arises.
• D) private property rights have been violated.
• E) common ownership resulted in adverse selection.

---

Definitions:

MRP

Material Requirements Planning is a methodology used in manufacturing to identify the materials needed and organize the production schedule effectively.

Finite Capacity Scheduling

A detailed planning method that ensures production activities are scheduled within the constraints of available resources and capacity.

MRP

Material Requirements Planning, a system for managing manufacturing processes by calculating materials, components, and schedule needs.

Time-Phased Product Structure

A detailed chart representing the timing and quantity of each component needed in the manufacturing process over time.