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A Example of a Good with External Benefits Is

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A example of a good with external benefits is


Definitions:

Earthquakes

Vibrations of the Earth's surface caused by the sudden release of energy in the Earth's crust.

Uncertainty

Being in a situation where knowledge is constrained, preventing accurate depiction of the present condition, foreseeing an upcoming result, or determining various possible results.

Programmed Situation

A scenario or environment designed or predetermined to follow a specific sequence of events or operations.

Certainty

The condition of being sure about something or having no doubt.

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