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All of the Following Generate Positive Externalities EXCEPT

question 104

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All of the following generate positive externalities EXCEPT


Definitions:

Output

The quantity of output generated by an individual, device, or sector.

Total Variable Costs

The sum of expenses that change in proportion to the production volume or level of activities in a business.

Firm Produces

The process where a business uses its resources to create goods or services that can be sold in the market.

Marginal Cost

The cost of producing one additional unit of a product or service.

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