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This question has two parts;be sure to answer both.First,what are external stakeholders? Next,imagine you are the manager of an art gallery,Diaspora,whose mission is to show (and sell)art by marginalized populations,such as the homeless or undocumented immigrants.Describe at least three of Diaspora's external stakeholders in the task environment.
Mechanism Design
A field in economics and game theory that seeks to design rules or incentives for a system to achieve a desired objective, considering individuals' private information and incentives.
Welfare Policy
A governmental strategy designed to support the wellbeing of citizens, often through financial aid, healthcare, and education.
Health Insurance
A type of insurance that covers the whole or part of the risk of a person incurring medical expenses, spreading the risk over numerous individuals.
Adverse Selection
A situation in which sellers have information that buyers do not have, or vice versa, leading to an inefficient market outcome.
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