A Negative Externality Exists Whenever

question 166

Multiple Choice

A negative externality exists whenever

• A) there are no internal costs.
• B) production of a good creates an external cost.
• C) production of a good creates an external benefit.
• D) production of a good has no social cost.
• E) production of a good has no social benefit.

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Definitions:

Audio-recording

The process of capturing sound, especially for the purposes of documentation, analysis, or reproduction.

Video-recording

The electronic capture and storage of moving images for later playback or analysis.

Interviews

A method for collecting data by engaging individuals in conversations to explore their thoughts, experiences, or knowledge on a specific subject.

Focus Group Method

A qualitative research technique that gathers a small group of people to discuss a particular topic or issue in depth, facilitated by a moderator, to gain diverse perspectives and insights.