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andriy [413]
2 years ago
10

An externality arises when a firm or person engages in an activity that affects the wellbeing of a third party, yet neither pays

nor receives any compensation for that effect. If the impact on the third party is beneficial, it is called a_________________.
Business
1 answer:
dlinn [17]2 years ago
4 0

Answer: It is called a Beneficial Externality

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