When Consuming a Good Creates Positive Externalities

question 38

Multiple Choice

When consuming a good creates positive externalities,

• A)private demand increases
• B)private demand decreases
• C)the private demand curve overstates the marginal social benefit of the good
• D)the private demand curve understates the marginal social benefit of the good
• E)the equilibrium quantity increases without government intervention

Understand the recruitment process, including job analysis, job descriptions, and the use of technology in recruiting.

Understand the concept and implications of sexual harassment in the workplace.

Comprehend the scope of the Canadian Human Rights Act regarding employment.

Recognize the benefits and disadvantages of traditional and external recruitment practices.

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Definitions:

Accounts Payable

The amount of money that a company owes to its suppliers or creditors for goods and services purchased on credit.

Receivables Period

The amount of time it takes for a company to collect payments owed by its customers after a sale has been made.

Selling Price

The amount of money charged for a product or service, or the sum obtained from the sale of an asset.

Receivables

Money owed to a company by customers for goods or services that have been delivered or used but not yet paid for.