When Negative Externalities Exist in a Market,if It Is Internalized

question 46

Multiple Choice

When negative externalities exist in a market,if it is internalized:

• A)those who interact in the market will lose surplus.
• B)those who interact in the market will gain surplus.
• C)those who do not interact in the market,but are affected by the externality,will lose surplus.
• D)those who do not interact in the market,but are affected by the externality,will gain surplus.

Distinguish between transformational and reactive change and their implementations.

Recognize the role of participation and involvement in overcoming resistance to change.

Understand the significance of education, communication, and facilitation in implementing change.

Understand the concept of observable culture in organizations and its elements.

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Definitions:

Ohmmeter

A device used to measure electrical resistance within a circuit.

Permanent Magnet Motor

An electric motor that uses permanent magnets instead of electromagnets as the field coils. They draw less power than motors with electromagnetic field coils and can be made smaller as a result.

Power Door Locks

An electrically controlled system that locks and unlocks the doors of a vehicle, offering convenience and increased security.

Digital Multimeter

A handheld electrical testing device that can measure AC and DC voltage, resistance, amps, and other measurements.