Unpriced Byproducts of Production or Consumption That Provide Benefits to Other

question 146

Multiple Choice

Unpriced byproducts of production or consumption that provide benefits to other consumers or other firms are known as _____

• A)negative externalities.
• B)merit goods.
• C)positive externalities.
• D)private benefits.
• E)pure substitutes.

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Definitions:

False Reasons

Incorrect or misleading rationales presented to justify a conclusion or action.

Reasoning Errors

Mistakes or flaws in the process of thinking or reasoning, often leading to incorrect conclusions.

Worthy Argument

A claim supported by solid evidence and reasoning that stands up to critical scrutiny.

Merits

The inherent values or advantages of something, judged based on its qualities or achievements.