What Can Cause Externalities

question 27

Multiple Choice

What can cause externalities?

• A)a cost of a transaction that is borne by the government
• B)a benefit of a transaction that is enjoyed by firms
• C)lack of property rights to some resources
• D)a cost or benefit that arises when market price changes
• E)the revenue generated by a firm

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Definitions:

Professional Behaviors

The display of actions and conduct deemed appropriate and ethical within a professional setting.

Technical Skills

Specific abilities and knowledge utilized to perform practical tasks in various fields such as information technology, engineering, or science.

Teamwork

The coordinated effort by a group of individuals working together to achieve a common goal.

Patient Satisfaction

A measure of how services received by a patient meet or exceed their expectations and needs.