When Do Externalities Arise

question 79

Multiple Choice

When do externalities arise?

• A)When the explicit costs of producing a good or service are not borne by the producer
• B)When an economic activity imposes a burden on them who are not directly involved in it
• C)When the government produces such goods and services which are consumed by only a particular class of people
• D)When goods of mass consumption are not produced as they do not yield profit for the producers

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Definitions:

Complexity Of The Organization

The extent of various interconnected components and dynamics within an organization that affect its operations and structure.

Level Of Detail

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Business Plan

A detailed document that outlines a company's goals, strategies, financial forecasts, and the steps needed to achieve its objectives.

Marketing Plan

A comprehensive document outlining a company’s advertising and marketing efforts for a specific period, including strategies, objectives, and activities.