Which of the following questions should be addressed right after the inputs required for production have been established?
A. What special equipment, facilities, and systems are needed?
B. What tasks are required in the production of the output?
C. What materials, data, and information are needed?
D. What knowledge, skills, and abilities are needed by those performing the tasks?
E. What product, information, or service is provided?
Answer: B
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A nonprofit organization landscaped the grounds of a building it occupies. This beautification improved the property values of the residences located across the street. This is an example of a(an) _____ externality.
A. nominal B. positive C. augmented D. complement
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