The Difference Between the Costs (Or Benefits)created by Both Technological

question 25

Multiple Choice

The difference between the costs (or benefits) created by both technological and pecuniary externalities is that in both cases costs are imposed on _____,but for _____ they are external to the market while _____ are allocated within the market.

• A)parties to the transaction;technological externalities;pecuniary externalities
• B)parties to the transaction;pecuniary externalities;technological externalities
• C)third parties;technological externalities;pecuniary externalities
• D)third parties;pecuniary externalities;technological externalities

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Definitions:

Facets

Refers to the various aspects or dimensions of an object, concept, or phenomenon.

Defensive Behaviours

Measures or responses undertaken to safeguard oneself from real or imagined dangers or critiques.

Organizational Members

Individuals who are part of an organization, contributing to its culture, goals, and objectives through their roles and responsibilities.

Reduce Activity

Involves decreasing the level, intensity, or amount of work or operations, often aimed at improving efficiency or reducing costs.