Answer: <em>Escalation of commitment</em>
Explanation:
From the given case/scenario, we can state that this is an example of escalation of commitment. Escalation of commitment is referred as a behavior pattern under which a group or an individual that is facing exponentially negative result from an/a action, decision, or investment still tends to continue the path instead of changing course.
Generally speaking, implementing a mixed economy was in many instances able to address problems that arose from capitalism by involving a certain amount of government regulation of the economy, which was able to regulate business to the point where corruption wasn't rampant, but not to the point where it started hurting productivity.
Answer:
C. is an uncompensated cost imposed by an individual or firm on others.
Explanation:
Negative externalities can include damage to the environment, health complications (and medical bills) later on, etc. For example, the cost involved with treating lung disease would be a negative externality with cigarettes.
I hoped this helps!
