An External Cost of an Activity Is One That Is

question 61

Multiple Choice

An external cost of an activity is one that is

• A) borne by those not directly involved in the activity.
• B) borne only by those directly involved in the activity.
• C) included in the private marginal cost curve.
• D) present only if the activity yields pollution.
• E) transferred from consumers to producers.

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Definitions:

Virtual Offices

A business operating model that enables employees to work remotely by using technology, without a fixed physical location for the office.

Mobile Workspaces

Work environments or setups that are not fixed in one location, allowing individuals to work remotely or from various locales.

Flexible Working Hours

An arrangement that allows employees to adjust their working hours and locations in a way that suits their needs.

Autonomy

The degree to which a job provides an employee with the discretion and independence to schedule their work and determine how it is done.