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Give an Example of an Action That Has an External

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Essay

Give an example of an action that has an external benefit.Explain why markets don't provide the optimal quantity of goods that have external benefits.


Definitions:

Attributes

Characteristics or properties that describe and identify different entities, objects, or individuals.

Attribution

The process by which individuals explain the causes of behavior and events, often attributing them to internal dispositions or external situations.

Dimensions

in the context of behavior, refers to the measurable attributes of actions, such as frequency, intensity, and duration.

Types of Attributions

These are explanations for behaviors or events, often categorized as internal (personal) or external (situational) attributions.

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