A Positive Externality Results When

question 155

Multiple Choice

A positive externality results when

• A) economists are sure that a good or service provides benefits to consumers.
• B) someone pays for a good or service even though she is not directly affected by the production or consumption of it.
• C) when people who live in one country benefit from the production of a good or service that occurs in another country.
• D) people who are not directly involved in producing or paying for a good or service benefit from it.

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Definitions:

Public Interest Groups

Organizations that advocate for issues of widespread concern to the public, aiming to influence policy decisions and public opinion.

Outsider Strategies

Techniques or tactics employed by individuals or groups outside of the established political, social, or economic systems to achieve their goals, often through unconventional means.

Corporate Elites

Refers to the highest-ranking officials and decision-makers within corporations, often perceived as possessing significant influence over national and international policies.

Lobbying

The act of attempting to influence decisions made by officials in the government, often by different interest groups.