Externalities Are Defined As

question 108

Multiple Choice

Externalities are defined as:

• A)any transaction external to the firm.
• B)costs or benefits that fall on third parties.
• C)policies that firms adopt to sell products outside the country.
• D)managers' dealings with stockholders outside the firm.
• E)costs of maintaining plant and equipment to avoid the scrutiny of external auditors.

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Definitions:

Morphine Sulphate

A powerful opioid analgesic used to relieve severe pain by affecting the way the brain and nervous system respond to pain.

Evaluative Data

Information gathered to assess the effectiveness of programs, interventions, or services, often used in making improvements or decisions.

Subcutaneously

Referring to the administration of medication or fluids injected just under the skin, into the tissue layer between the skin and the muscle.

Gastroenteritis

An inflammation of the stomach and intestines, typically resulting from bacterial toxins or viral infection and causing vomiting and diarrhea.