Internalising Externalities Is One Reason That Some Firms Involve Themselves

question 12

True/False

Internalising externalities is one reason that some firms involve themselves in only one type of business.

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Definitions:

Standards

Established guidelines or criteria set by authorities or regulatory bodies to ensure consistency and quality in products, services, or procedures.

Punctuation

The use of symbols in writing, such as periods, commas, and question marks, to clarify meaning and indicate pauses or emphasis.

Apostrophe

A punctuation mark used to indicate either possession or the omission of letters or numbers.

Possessive Case

A grammatical case used to indicate ownership or relation, typically marked by the addition of an apostrophe and the letter 's' in English.