Which of the Following Is True

question 52

Multiple Choice

Which of the following is true?

• A) social costs = internal costs - external costs
• B) social costs = internal costs + external costs
• C) internal costs = social costs + external costs
• D) external costs = social costs + internal costs
• E) internal costs - social costs = external costs

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Definitions:

Legitimate Power

The authority or power that is recognized as lawful and is derived from a position of responsibility within a hierarchical organization.

Coercive Power

A form of authority that relies on the fear of negative results from failing to comply, often involving threats or punitive measures.

Network Interactions

The dynamic exchanges and communications that occur within a network of individuals or organizations.

Exchanges

Platforms or scenarios where goods, services, or ideas are traded between parties.