A Noisy Party That Keeps Neighbors Awake Is an Example

question 187

Multiple Choice

A noisy party that keeps neighbors awake is an example of a

• A) negative production externality.
• B) positive production externality.
• C) negative consumption externality.
• D) positive consumption externality.
• E) Both answers B and C are correct.

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Definitions:

Transactional Role

The aspect of a job that involves routine duties and day-to-day administration rather than strategic planning or relationship building.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

HRM Planning

The process an organization uses to ensure that it has the right amount and the right kind of people to deliver a particular level of output or services in the future.

Operational Activities

The day-to-day tasks and processes that are necessary for an organization to function and achieve its business objectives.