Examlex
Which of the following is an example of an activity that creates an external cost?
i.a smoker emitting second-hand smoke
ii.sulfur emitting from a smoke stack
iii.throwing garbage on the roadside
Prostitutes
are individuals who engage in sexual activities with others in exchange for money or other forms of compensation.
Bureaucratic Inertia
The tendency of bureaucratic organizations to resist change and continue with established procedures and norms.
Lose Touch
The dwindling or loss of contact and communication with someone over time.
Policies
Guidelines or principles adopted by an organization or government to direct decisions and achieve rational outcomes.
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