When a Negative Externality Exists,_______________________ and Thus _______________ Intervention May

question 51

Multiple Choice

When a negative externality exists,_______________________ and thus _______________ intervention may be needed to achieve efficiency.

• A) external costs are necessarily greater than private costs; government
• B) social costs equal private costs; no government
• C) social costs are less than private costs; government
• D) social costs are greater than private costs; government
• E) none of the above

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Definitions:

Observational Research

Observational Research is a method of data collection where researchers observe and document behaviors, actions, or processes as they naturally occur, without interference or manipulation.

Residual Evidence

Information or data left behind that can be used to infer or reconstruct events, typically in the context of forensic analysis or historical research.

Qualitative Analyses

The examination of non-numeric data, such as texts, interviews, or images, to understand concepts, opinions, or experiences.

Social Media Listening Research

Involves analyzing the conversations and trends happening on social media platforms to gather insights about public opinion, brand perception, or market trends.