Multiple Choice
An externality is:
A) always a benefit to the recipient.
B) always a detriment to the recipient.
C) an activity that occurs in a business which is unknown to management.
D) an unintended benefit or cost imposed on third parties as a result of economic activity.
E) an act, caused by a firm located in this country, which has an effect on a person in a foreign country.
Correct Answer:
Verified
Correct Answer:
Verified
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