In the Case of Negative Externalities in Production, the Firm's

question 115

Multiple Choice

In the case of negative externalities in production, the firm's internal costs:

• A) exceed the external costs.
• B) are less than the external costs.
• C) equal the external costs.
• D) understate the true cost of producing the product.

---

Definitions:

Assertiveness

Assertiveness is the quality of being self-assured and confident without being aggressive, making clear where one stands and expressing one's needs or rights respectfully.

Aggressiveness

A forceful or assertive attitude or approach, often without regard for others.

Basic Categories

refer to the fundamental classification or divisions within a subject or system.

Scripts

Standardized sequences of behaviors or expectations that guide social interactions or performances in specific settings.