A Positive Externality Results When

question 252

Multiple Choice

A positive externality results when

• A)economists are sure that a good or service provides benefits to consumers.
• B)someone pays for a good or service even though she is not directly affected by the production or consumption of it.
• C)people who live in one country benefit from the production of a good or service that occurs in another country.
• D)people who are not directly involved in producing or paying for a good or service benefit from it.

Calculate the pro forma financial figures given a set growth rate and specific financial ratios.

Understand the dynamics of cost, asset, and liability management in response to sales changes.

Analyze the effect of dividend payout policies on retained earnings and need for external financing.

Calculate the normal time for given operations based on observed times and performance ratings.

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Definitions:

Pretesting

A method used to test or evaluate materials or interventions before their final application or implementation.

Population

The entire group of individuals or instances about whom the study is focused, from which a sample may be drawn for analysis.

Census

A comprehensive collection and analysis of data about every member of a population at a specific point in time.

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.