Externalities Require Government Intervention When

question 24

Multiple Choice

Externalities require government intervention when

• A) violence will result between disputing parties.
• B) there are only a few sellers in the market.
• C) property rights are not clearly established.
• D) the government imposes sales taxes.
• E) all of these answer options are correct.

---

Definitions:

Strategic Business Units

Organizational entities within larger corporations, operating with their own mission, vision, and resources, focused on market needs.

Web-Based System

Software applications that operate over the internet and can be accessed through web browsers, simplifying access and use.

Customer Value

The customer's view of a product or service's worth relative to other choices they might have.

Pricing Strategy

A method or plan created by a company to set the prices for its products or services, aimed at maximizing profitability, market share, or other objectives.