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Which of the Following Is an Example of an Externality

question 55

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Which of the following is an example of an externality?


Definitions:

Utilitarian View

An ethical perspective that evaluates actions based on the greatest good for the greatest number of people, emphasizing outcomes and consequences.

Ethical Behaviour

Conduct that aligns with recognized moral principles or standards, indicating integrity and fairness in personal and professional actions.

Individualism View

A perspective that emphasizes the importance and value of individual rights, freedoms, and responsibilities over the collective group.

Ethical Behaviour

Conduct that is consistent with what individuals or society consider to be good morals or values.

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