Use the Following Statements to Answer This Question: I

question 63

Multiple Choice

Use the following statements to answer this question: I. Stock externalities depend on the accumulated results of actions by producers or consumers, not on the incremental results that may occur in a given period of time.
II) Stock externalities are always negative externalities.

• A) I and II are true.
• B) I is true and II is false.
• C) II is true and I is false.
• D) I and II are false.

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Definitions:

Operating Lease

A lease agreement allowing a company to use an asset without the risks of ownership, like an asset's obsolescence.