If an External Cost Exists, Then Who Bears the External

question 245

Multiple Choice

If an external cost exists, then who bears the external cost in an unregulated competitive market transaction?

• A) nobody
• B) the federal government
• C) someone other than the producers
• D) the buyers of the product

Understand the common organisms responsible for infections like cellulitis and the pharmacological management.

Educate individuals on effective skin cancer prevention and sun protection behaviors.

Understand the typical pH range of natural rain and its environmental impacts.

Identify substances that do not contribute to respiratory tract irritation and distinguish between various air pollutants.

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Definitions:

Supplier

A person or organization that provides goods or services to another entity, typically as part of a supply chain.

Cash

Currency and other liquid instruments in a financial system or on a company's balance sheet used for transactions or settling debts.

Inventory

The goods and materials that a business holds for the purpose of resale or production.

Credit

The trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately but promises either to repay or return those resources at a later date.