Externalities Can Occur as a Result of Either Production or Consumption

question 28

True/False

Externalities can occur as a result of either production or consumption activities.

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Definitions:

Marketing Channel

Pathways or routes through which goods and services flow from the producer to the consumer.

Producer

A Producer is an individual or organization that creates goods or services, often selling them to consumers or intermediary buyers.

Marketing Channel

A system of intermediaries a product or service passes through before reaching the end consumer.

Retail Stores

Physical establishments where goods are sold directly to the consumer.