________________ Is Hard to Structure,hard to Transfer,and Highly Personal to the Source

question 27

Multiple Choice

________________ is hard to structure,hard to transfer,and highly personal to the source.

• A) Data
• B) Tacit knowledge
• C) Implicit knowledge
• D) Explicit knowledge
• E) Information

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Definitions:

Pollutants

Substances or objects that cause pollution, negatively affecting air, water, or soil quality.

Marginal Benefit

The additional satisfaction or utility gained by consuming one more unit of a good or service.

Marginal Private Cost

The additional cost incurred by a producer or a consumer for producing or consuming one more unit of a good, excluding any external costs.

Marginal External Cost

The additional cost society bears due to one more unit of a good or service being produced, not included in the producer's cost.