An External Benefit Is a Benefit from a Good or Service

question 63

Multiple Choice

An external benefit is a benefit from a good or service that someone other than the ________ receives.

• A) seller of the good or service
• B) government
• C) foreign sector
• D) consumer
• E) market maker

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Definitions:

Specialized Software

Computer programs designed to perform specific tasks or functions for particular users or industries.

Professional-Quality Illustrations

High-quality visual representations created by professionals to enhance the understanding or appeal of a document, presentation, or publication.

Visual Aid

Materials such as charts, graphs, images, or videos used to support or enhance the presentation of information.

Legends

Explanatory notes or keys included in maps, charts, or diagrams to help interpret the symbols or data presented.