Externalities Can Be Positive

question 34

True/False

Externalities can be positive.

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Definitions:

Transaction

An exchange or transfer of goods, services, or funds between two or more parties.

Customer Needs

The desires, requirements, or necessities that a customer expresses, which a product or service aims to fulfill.

Deprivation

A state of lacking or doing without something considered to be a necessity, often associated with poverty or lack of access to basic resources.

Marketplace

A physical or virtual venue where buyers and sellers come together to exchange goods and services.