Use the Following to Answer Questions

question 196

Multiple Choice

Use the following to answer questions:
-(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. Without government intervention, at the amount of land dedicated to the public park the marginal social benefit will be:

• A) $225.
• B) $150.
• C) $100.
• D) $0.

---

Definitions:

Shared Behaviors

Actions or reactions that are commonly exhibited by members of a group, stemming from shared norms, values, or beliefs.

Organizational Culture

The shared values, beliefs, norms, customs, and practices that shape the social and psychological environment of a business or organization.

Organizational Philosophy

The set of values, beliefs, and principles that guides a company's operations and defines its purpose and approach to business.

Dominant Values

The overarching beliefs and principles that are widely accepted and prioritized within a society or organization.