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If Consuming a Good with a Positive Externality, a Person

question 46

Multiple Choice

If consuming a good with a positive externality, a person will likely consider only the _____ marginal benefits of consumption, which causes _____ consumption than is socially optimal.


Definitions:

Enterprise

An organization or business venture, particularly one that is large, complex, or involves substantial resources.

IT

Information Technology, referring to the use of computers, software, and networks for the processing and distribution of data.

ERP Systems

Enterprise Resource Planning systems integrate various functions across an organization into a unified database to streamline processes and information across the organization.

TPSs

Transaction Processing Systems, computerized systems that perform and record the daily routine transactions necessary to the operation of a business.

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