Externalities Consist of ___________________

question 16

Multiple Choice

Externalities consist of ___________________.

• A)only external costs
• B)only external benefits
• C)both external costs and external benefits

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Definitions:

Constant Change

A state where elements or conditions undergo frequent updates or alterations.

Repetitive Work

Tasks or jobs that involve performing the same functions or processes multiple times, often considered monotonous.

Transferable Skills

Skills acquired in one context (like a job or hobby) that are applicable to other contexts, valued for their versatility across different roles and industries.

Growing Jobs

Professions or occupational fields that are experiencing higher than average growth rates due to various factors like technological advancements, economic changes, or societal trends.