Internalizing a Positive Externality Will Cause the Demand Curve to

question 85

Multiple Choice

Internalizing a positive externality will cause the demand curve to

• A)shift to the right.
• B)shift to the left.
• C)become more elastic.
• D)remain unchanged.

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Definitions:

Relatedness Needs

According to Self-Determination Theory, these are essential psychological needs involving connecting with others through caring and meaningful relationships.

Growth Needs

Psychological requirements for personal development and self-improvement.

Existence Needs

Basic requirements for human survival, such as food, water, shelter, and safety, which are considered the foundation of Maslow's hierarchy of needs.

Supervision

The act of overseeing and directing work and workers, ensuring tasks are completed efficiently and effectively.