In the Case of a Positive Externality,in Order to Achieve

question 10

Multiple Choice

In the case of a positive externality,in order to achieve efficiency the government must set the _________________ equal to the marginal ____________________.

• A) tax; external costs
• B) tax; external benefits
• C) subsidy; external costs
• D) subsidy; external benefits
• E) subsidy; private costs

---

Definitions:

Organizational Hierarchy

The arrangement of individuals within an organization according to power, status, and job functions, forming a structure of authority and responsibility.

Competitive Offerings

Refers to the range of goods or services provided by a company's competitors, which are considered when consumers make purchasing decisions.

Marketing Strategy

A long-term plan designed by a business to achieve specific goals through understanding customer needs and creating a strong brand value.

Sales Training Programs

Educational courses or workshops designed to improve the skills, techniques, and effectiveness of a company's sales force.