Figure 10-5 -Refer to Figure 10-5.Which of the Following Statements Is Correct

question 19

Multiple Choice

Figure 10-5
-Refer to Figure 10-5.Which of the following statements is correct?

• A) To induce firms to internalize the externality in this market,the government should impose a tax measured by P₂ - P₀.
• B) To induce firms to internalize the externality in this market,the government should offer a subsidy measured by P₂ - P₀.
• C) To induce firms to internalize the externality in this market,the government should impose a tax measured by P₂ - P₁.
• D) There is no externality in this market.

---

Definitions:

Older Adult Workers

Individuals within the older segment of the workforce, typically considered to be those past middle age but not yet retired.

Coping Skills

Techniques or methods used by individuals to manage stress, adversity, or emotions, enabling the navigation through difficult situations effectively.

Work Rate

The efficiency and speed at which an individual or machine performs a task or duty.

Selective Optimization

A strategy of focusing on and maximizing strengths or opportunities, while minimizing weaknesses or losses, often used in developmental psychology.