In the Case of Either a Positive or Negative Externality

question 100

Multiple Choice

In the case of either a positive or negative externality, a good's market price will:

• A)be too low.
• B)be too high.
• C)not fully reflect a good's social marginal cost or social marginal benefit.
• D)not equate the quantity supplied by sellers with the quantity demanded by buyers.

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Definitions:

Entry

The act of inputting data into a system or the individual piece of data that is entered.

Database

A structured set of data held in a computer, especially one that is accessible in various ways.

Validation Text

Text displayed to a user when entered data does not conform to predefined rules, guiding them towards correct input.

Table Tools Fields Tab

A feature in database and spreadsheet software that provides specific tools and options for managing fields (columns) in tables.