Use the Following to Answer Questions

question 132

Multiple Choice

Use the following to answer questions:
Figure: Softella
-(Figure: Softella) Refer to the figure. The figure shows a market for medicated tissues. Assume that the only use for these tissues is to wipe and clean one's hands, thus preventing germs from spreading to other people. What is the dollar amount of the external benefit (per box) that is created by the use of this product?

• A) $24
• B) $12
• C) $8
• D) $16

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Definitions:

Sweatshop Factories

Workplaces that have very poor, socially unacceptable working conditions, often with unfair wages, excessive hours, and unsafe environments.

World War I

A global conflict that took place primarily in Europe from 1914 to 1918, involving many of the world's great powers.

GDP

Gross Domestic Product is the term for the collective monetary or market value of every good and service completed within the limits of a country in a set timeframe.

Export-import Sector

The segment of an economy involved in the exchange of goods and services across international borders.