Which of the Following Is the Main Reason for Externalities

question 156

Multiple Choice

Which of the following is the main reason for externalities?

• A) The full cost of a transaction is not borne by the buyer/seller of the product.
• B) Police enforcement of scalping is not uniformly enforced.
• C) the lack of organized exchanges for all goods and services
• D) The production of public goods uses up scarce resources.

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Definitions:

Skill Learning

The process of acquiring new skills or improving existing ones through practice, training, or experience, often essential for personal and professional development.

Career Advancement

Career advancement refers to the progress and growth a person experiences in their professional life, often through promotions, learning new skills, or taking on more responsibilities.

Employee Commitment

The level of enthusiasm, loyalty, and the willingness of employees to invest effort in their organization's goals.

Taxonomies

A hierarchical system for classifying and organizing complex sets of information or concepts.