When There Is Negative Externality in Production

question 34

Multiple Choice

When there is negative externality in production,

• A)marginal social benefit exceeds marginal private benefit.
• B)marginal private benefit exceeds marginal social benefit.
• C)marginal social cost exceeds marginal private cost.
• D)marginal private cost exceeds marginal social cost.

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Definitions:

Community-Based Strategy

A plan of action that involves collaboration with and empowerment of local communities to achieve specific goals or solve problems.

Key Group

A specific segment of individuals or organizations considered crucial for the success of a project, initiative, or target demographic.

Audience Strategy

Creating content that focuses on the relationships that you have made on specific platforms.

Consistency

Maintaining a uniform approach in messaging, quality, and frequency of content across all marketing channels.