Once a firm is made to internalize a negative externality, the price will

A) increase and output will decrease.
B) increase and output will increase.
C) decrease and output will decrease.
D) decrease and output will increase.

Jane wrote a check for $10.She wrote this check in a careless and negligent manner,making alteration easy.Ben altered this check to read $1,000.His alteration was crude and obvious to anyone paying attention.Ben cashed the check at Jane's bank.The bank was negligent in accepting this check,but it deducted $1,000 from Jane's account.Jane sued the bank,and the jury determined that Jane's negligence contributed to 50 percent of the loss and the bank's negligence contributed 50 percent.How much is Jane entitled to recover from her bank?

A) Nothing,because she was negligent.
B) Half the loss.
C) The entire loss.
D) The entire loss plus her court costs.

Groupthink is an advantage that arises from conformity in a formal group.

The most severe recession since WWII was in

A) 1973-1975.
B) 1981-1982.
C) 2007-2008.
D) 1991-2001.

Melissa hurls a rock with the intent to hit Dave,with whom she has just fought.The rock hits Stacey,instead,who is sitting next to Dave.Melissa is liable for battery under the theory of:

A) conversion.
B) private nuisance.
C) actual malice.
D) transferred intent.

The Running Room is a good example of the influence of the founder on the company's culture.