Externalities Are

question 6

Multiple Choice

Externalities are

• A)side effects passed on to a party other than the buyers and sellers in the market.
• B)side effects of government intervention in markets.
• C)external forces that cause the price of a good to be higher than it otherwise would be.
• D)external forces that help establish equilibrium price.

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Definitions:

Downsizing

A strategic reduction of the workforce by a company through layoffs, often with the intent of reducing costs and improving efficiency or profitability.

Acquisition

The act of obtaining control of another company or business entity through purchase, merger, or another method.

Watch Bands

Straps or bracelets that attach to a watch case, allowing it to be worn on the wrist.

HRM

Human Resource Management; the strategic approach to manage people in an organization in a way that supports the business's goals and vision.