What Happens If We Internalize a Negative Externality

question 64

Multiple Choice

What happens if we internalize a negative externality

• 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.

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Definitions:

Sixteen Personality Factors Questionnaire

A psychological assessment tool that evaluates personality traits based on 16 factors.

Bipolar Continuum

A concept used to understand and categorize emotional or psychological conditions that range between two extreme poles.

Validity Scales

Tools used within psychological and educational assessments to determine the accuracy and truthfulness of the test-taker's responses.

Millon

Refers to Theodore Millon, a psychologist known for his work on personality disorders and the development of various psychological assessments.