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Dmitriy789 [7]
9 months ago
15

the benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service is call

ed: multiple choice question. marginal benefit. a positive externality. an externality. a negative externality. marginal cost.
Business
1 answer:
Snezhnost [94]9 months ago
8 0

The benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service is called externality.

What does the term externality mean?

Externalities are situations when the production or consumption of products and services has an impact on other people that results in costs or advantages that are not accounted for in the pricing charged for the goods and services being offered.

What impact do externalities have on the economy?

When people, households, and businesses fail to internalise the indirect costs or advantages of their economic interactions, externalities pose serious issues for economic policy. Inefficient market outcomes are the result of the resulting wedges between social and private costs or profits.

To know more about externality, click here- brainly.com/question/477170

#SPJ4

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Owners are not required to pay it to foreign works is incorrect option
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Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the house sits high on a hill with a beautiful
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Explanation:

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a. Project Low because its expected rate of return is higher than its WACC

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