An External Benefit Is a Benefit Received By

question 222

Multiple Choice

An external benefit is a benefit received by:

• A) the consumers trading in the market.
• B) the producers trading in the market.
• C) both the consumers and producers trading in the market.
• D) people other than the consumers or producers trading in the market.

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Definitions:

Basic Level

Refers to the foundational or introductory level of knowledge, skills, or complexity in a particular field or activity.

Binary Numbers

A base-2 numeral system that uses only two symbols, typically 0 and 1, representing values using two different states.

Decimal Numbers

Numbers expressed in base 10, utilizing digits 0 through 9 for representing quantities.