Suppose You Live in the Suburbs and Dump Your Garbage

question 75

Multiple Choice

Suppose you live in the suburbs and dump your garbage on your front lawn on a daily basis.

• A)Your actions hurt no one but yourself.
• B)Your actions constitute an external cost to your neighbors.
• C)Your actions constitute an external benefit to your neighbors.
• D)Your actions would not be considered a market failure.

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Definitions:

Team Challenges

Issues or obstacles that a group of individuals working together may face in achieving their collective goals.

Quality Circles

Groups of workers who meet regularly to discuss and solve problems affecting the quality of their work.

Psychological Safety

A belief or sense within a group or organization that one can speak up, offer ideas, and ask questions without fear of punishment or ridicule.

Employee Involvement

The practice of involving staff in the decision-making processes of an organization to improve commitment, productivity, and job satisfaction.