The Effect of an Externality Is That

question 11

Multiple Choice

The effect of an externality is that:

• A)production of a public good equals market demand.
• B)production of a private good equals market demand.
• C)true market demand for public goods may be determined by the number of consumers that pay for the goods.
• D)the producer of a public good has a limited incentive to produce it because all consumers cannot be charged for the good.

---

Definitions:

Paradigm

A theoretical framework or model that shapes how a discipline understands concepts, methodologies, and the interpretation of data.

Guba

refers to Egon Guba, a significant figure in the field of educational research, known for his work on naturalistic and constructivist approaches to inquiry.

Assumptions

Suppositions or beliefs taken for granted in the context of a study or theory without having them fully verified.

Behavioral Questions

Questions designed to elicit examples of past behavior from individuals, often used in interviews to assess potential future performance.