Externalities Exist When the Actions of One Agent

question 17

Multiple Choice

Externalities exist when the actions of one agent

• A)benefit or hurt another agent who is not part of the exchange relationship.
• B)hurt the agent committing the action.
• C)benefit the agent committing the action.
• D)benefit or hurt another agent who is a part of the exchange relationship.

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Definitions:

LinkedIn

A professional networking platform that allows users to connect with colleagues, search for jobs, and share their professional experiences and insights.

Diversity

The inclusion of individuals from a wide range of cultural, ethnic, gender, and other backgrounds in a group or organization.

Homogeneous Teams

Teams composed of members with similar backgrounds, expertise, and perspectives.

Creativity

The ability to generate new and original ideas, solutions, or approaches to problems.