What Is an Example of an Externality

question 96

Multiple Choice

What is an example of an externality

• A)the impact of bad weather on the income of farmers
• B)the impact of the personal income tax on a person's ability to purchase goods and services
• C)the impact of pollution from a factory on the health of people in the vicinity of the factory
• D)the impact of increases in health care costs on the health of individuals in society

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Definitions:

Orientation

The process of acquainting new employees with their roles, the organization's culture, and policies, aimed at facilitating their adaptation and productivity.

Self-Development

The process of working on one's own abilities and qualities in order to improve personal capabilities and potential.

Skill Improvement

The process of enhancing or acquiring new abilities and competencies, often through practice, training, or education.

Formal Orientation

An organized and official introduction to a company or organization for new members or employees, outlining policies, procedures, and culture.