Firms That Are Involved in More Than One Type of Business

question 187

Multiple Choice

Firms that are involved in more than one type of business could be evidence of an attempt to

• A)increase private profit at the expense of consumers.
• B)internalize some forms of positive externalities.
• C)reduce the impact of government regulations on their business.
• D)increase the private marginal cost of production.

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Definitions:

Generalize

The process of applying the findings from a sample to a larger population, with the assumption that the sample accurately represents the whole.

Confederates

Participants in a study who have been briefed by the researcher to behave in a particular way.

Deceiving

The act of misleading or giving a false impression.

Plagiarism

The practice of taking someone else's work or ideas and passing them off as one's own without proper acknowledgment.