Externalities Are Effects of a Transaction on

question 2

Multiple Choice

Externalities are effects of a transaction on

• A)The consumers and suppliers
• B)Consumers only
• C)Suppliers only
• D)Someone other than a consumer or supplier

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Definitions:

Coordinating

The process of organizing activities and resources efficiently to work together effectively towards achieving a goal or objective.

Self-Oriented

Focused on one's own thoughts, feelings, and interests rather than those of others, often in the context of personal goals and values.

Avoiding

A conflict management style where individuals ignore or delay dealing with issues, often to the detriment of problem resolution.

Self-Oriented

Focused on oneself or one's own interests, often prioritizing personal goals above those of others.