A Positive Externality Is One in Which There Is an External

question 47

True/False

A positive externality is one in which there is an external benefit bestowed on a third party>

---

Definitions:

Always

At all times; on all occasions.

Average

A mathematical concept that represents the central or typical value in a set of data, calculated by dividing the sum of all values by the number of values.

Perfect

Perfect is an adjective signifying something that is completely free from faults or defects, or matches an ideal standard of excellence.

Document

A written, drawn, presented, or memorialized representation of thoughts, ideas, or information.