A Negative Externality Exists If

question 134

Multiple Choice

A negative externality exists if

• A)there are price controls in a market.
• B)there are quantity controls in a market.
• C)the marginal social cost of producing a good or service exceeds the private cost.
• D)the marginal private cost of producing a good or service exceeds the social cost.

---

Definitions:

LinkedIn Page

A public profile on LinkedIn, the professional networking site, dedicated to businesses, organizations, or public figures to share updates, insights, and engage with followers.

Information Technologies

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Loose Collection

Loose Collection refers to a group of items or elements that are gathered together without a strict organization or structure.

Upper-level Executives

Senior managers within a business organization, typically responsible for decision-making and strategic planning.