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An external effect that generates costs to a third party is called
Agriculture
The practice of cultivating the soil, producing crops, and raising livestock for food, fiber, medicinal plants, and other products.
Long Run
A period of time in economics during which all factors of production and costs are variable, allowing for the full adjustment of industry and economy.
Farms
Agricultural enterprises where crops are cultivated or livestock is raised for consumption or sale.
Supply and Demand
Supply and demand is the economic model explaining price determination in a market, based on the interaction between sellers' supply of goods and consumers' demand for them.
Q23: The benefit received from the continuance of
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Q103: 'Tax cuts - by providing incentives to