Externalities Are Created When Parties Not Involved in an Economic

question 216

True/False

Externalities are created when parties not involved in an economic transaction are affected by it.

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Definitions:

White Teeth

Refers to teeth that appear very light in color, often considered desirable in many cultures for cosmetic reasons.

Explanandum

The aspect of a phenomenon that is being explained, or the question that an explanation seeks to answer.

Complex

Consisting of many different and connected parts.

Simple

Easily understood or done; presenting no difficulty, or in logic, referring to an uncompounded statement or idea.