Externalities Affect Only the Buyer and Seller Involved in an Exchange

question 29

True/False

Externalities affect only the buyer and seller involved in an exchange.

---

Definitions:

General Online Merchant

is a broad term for a business that sells a wide range of products through an online platform, catering to a diverse consumer base.

Consumer Electronics

Electronic devices intended for everyday use by individuals, including smartphones, televisions, and personal computers.

Customization

The process of modifying products or services to meet individual customer preferences or specifications.

Denim

Denim is a sturdy cotton twill fabric, often blue, used for making jeans, jackets, and other clothing items.