Sentence Correction Questions Make Any Necessary Corrections to the Sentences Below. This Exercise

question 66

Essay

Sentence Correction Questions
Make any necessary corrections to the sentences below. This exercise is case-sensitive, so you must use capital letters where necessary.
-The holiday committee has set the date for their fund-raising event.

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Definitions:

Pollution Permits

Allowances given to companies that permit them to emit a certain amount of pollutants; can be bought, sold, or traded.

External Benefit

Positive effects of a transaction or activity on third parties not directly involved in the transaction, which are not reflected in the market price.

Negative Externality

A negative externality is a cost imposed on a third party not involved in the production or consumption of a good or service, such as pollution.

Positive Externality

A beneficial effect experienced by a third party who did not choose to incur that benefit, often resulting from an individual's or firm's actions.