A Side Effect of a Transaction That Affects Someone Who

question 71

Multiple Choice

A side effect of a transaction that affects someone who is not involved in the transaction is called:

• A) a market failure.
• B) a government failure.
• C) an equilibrium.
• D) an externality.

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Definitions:

Blu-Ray DL

Blu-ray DL stands for Dual Layer Blu-ray disc, offering a larger storage capacity compared to single-layer discs, typically up to 50 GB.

8 GB Of Data

A unit of digital information storage equivalent to approximately 8 billion bytes.

Storage

Refers to devices or media that can hold data, such as hard drives, SSDs, memory cards, and cloud storage.

Minimizing Costs

Strategies or methods employed to reduce expenses in operations, manufacturing, or project management without compromising the quality.