In Order to Achieve a Socially Optimal Level of Output,activities

question 83

Multiple Choice

In order to achieve a socially optimal level of output,activities that generate negative externalities should be:

• A)banned.
• B)subsidized.
• C)taxed.
• D)bought out by the government.

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Definitions:

Prejudice And Discrimination

The holding of preconceived negative attitudes towards individuals or groups, leading to unfair treatment.

Conflict Theory

A sociological perspective that sees social conflict as the basis of society and social change, emphasizing power disparities and material inequality.

Racial Prejudice

A negative attitude or judgment based on race, often without factual basis or actual experience.

Sociocultural Theories

Theories that emphasize the role of society and culture in shaping human development, cognition, and behavior.