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Which of the following is NOT an example of an externality?
Factors of Production
Resources used in the creation of goods and services, including land, labor, capital, and entrepreneurship.
Firms
Business organizations engaged in professional, commercial, industrial, or service activities.
Human Capital
The collection of capabilities, learning, and experiential wisdom available to a person or society, assessed based on their contribution in terms of value or expense to an organization or a nation.
Skill Development
The process of identifying, cultivating, and enhancing abilities, knowledge, and competencies in order to improve personal or workforce performance.
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