If Left to Market Forces,activities That Produce External Benefits Will

question 45

True/False

If left to market forces,activities that produce external benefits will be overproduced.

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Definitions:

Theology

The study of the nature of the divine, religious beliefs, and the practice of religious faith, often involving the examination of sacred texts.

Philosophy

The study of the fundamental nature of knowledge, reality, and existence, especially when considered as an academic discipline.

Socially Responsible Products

Goods that are produced in ways that do not harm society, the environment, or the economy and often benefit them in the long term.