Social Demand Is Equal to Market

question 93

Multiple Choice

Social demand is equal to market:

• A) Demand plus externalities.
• B) Supply plus market demand.
• C) Demand minus externalities.
• D) Demand multiplied by externalities.

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Definitions:

Consulting Business

A business that offers expert advice in a particular area, such as management, technology, or finance, to other businesses or individuals.

Retail Store

A business establishment that sells goods or services directly to end consumers.

Social Entrepreneur

Person who recognizes societal problems and uses business principles to develop innovative solutions.

Underprivileged Children

Young individuals lacking in advantages, opportunities, and resources commonly available to those in more affluent communities.