A Situation in Where the Costs of an Action Are

question 134

Multiple Choice

A situation in where the costs of an action are not fully borne by the two parties engaged in exchange is

• A) an externality.
• B) an internality.
• C) internal costs.
• D) a transactions cost.

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Definitions:

Japanese-Americans

Americans of Japanese ancestry, many of whom were subject to internment during World War II.

Public Accommodations

Facilities and entities that provide goods or services to the public, including hotels, restaurants, theaters, and more, often subject to regulations preventing discrimination.

Battle Of The Bulge

A major World War II battle fought in the winter of 1944–1945, which was the last major Nazi offensive against the Allies on the Western Front.

Largest Battle

could pertain to any major military engagement regarded as the biggest in terms of participants, scope, or impact; specific context is needed for precision.