When a Positive Externality Is Present in a Market,total Surplus

question 80

Multiple Choice

When a positive externality is present in a market,total surplus is:

• A)higher when buyers internalize the externality.
• B)lower when buyers internalize the externality.
• C)higher when buyers only consider private benefits.
• D)Any of these statements could be true.

Recognize the impact of personal and interpersonal dynamics on conflict.

Identify strategies for conflict resolution and their appropriate contexts.

Distinguish between functional and dysfunctional conflicts and their effects on organizations.

Understand the role of emotions in conflict.

---

Definitions:

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists between certain characteristics of a population or data.

Equals Sign

A symbol (=) indicating mathematical equality between two expressions.

Research Hypothesis

Another term for alternative hypothesis, indicating the expected outcome or belief regarding a study's findings.

Null Hypothesis

In statistical testing, it posits there is no effect or no difference, serving as the default or hypothesis to be tested.