Which of the Following Is an Example of an Externality

question 496

Multiple Choice

Which of the following is an example of an externality?

• A)cigarette smoke that permeates an entire restaurant
• B)a flu shot that prevents a student from transmitting the virus to her roommate
• C)a beautiful flower garden outside of the local post office
• D)All of the above are correct.

---

Definitions:

SCM System

A Supply Chain Management System is an integrated software solution that manages and oversees the flow of goods, data, and finances as a product or service moves from supplier to customer.

Amazon

A multinational technology company primarily known for its e-commerce platform, cloud computing services, digital streaming, and artificial intelligence.

Proprietary, On-premise

This term describes software that is owned by a specific company and is installed and runs on computers on the premises of the organization using the software, as opposed to being cloud-based.

VMI

Vendor Managed Inventory, a business model in which the supplier of goods, rather than the retailer, is responsible for managing and replenishing inventory.