Which statement defines externality?
a) It is a change in demand brought about by factors other than price.
b) It is the external factors that cause a rise in the supply of goods or services.
c) It is the external factors that cause a decrease in the supply of goods or services.
d) It is the impact of production and consumption on unrelated third parties.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statement defines externality? a) It is a change in demand brought about by factors other than price. b) It is the external factors ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
On February 1, a customer's account balance of $4,300 was deemed to be uncollectible. What entry should be recorded on February 1 to record the write-off assuming the company uses the allowance method?
Answers (1)
On june 1, 20x5, jomax corporation had 60,000 shares of $10 par value common stock outstanding. on june 2, 20x5, jomax declared a 40 percent stock dividend to be distributed on july 5, 20x5, to shareholders of record on june 15, 20x5.
Answers (1)
Martha is a 50% partner in the am partnership and has an outside basis of $112,000 at the end of the year prior to any distributions. on december 31, martha receives a proportionate operating distribution of $40,000 cash.
Answers (1)
Mira offered to sell Peter a parking lot for $75,000. The offer was in writing and signed by Mira and provided that any acceptance by Peter must be within 5 days.
Answers (1)
When economists talk about the "standard of living," they are generally referring to:?
Answers (1)
New Questions in Business
Which of the following groups on the Insert tab contain the command to add WordArt to a publication? Illustrations Text Links Header & Footer
Answers (1)
Avicorp has a $10 million debt issue outstanding, with a 6% coupon rate. The debt has semiannual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 95% of par value. a.
Answers (1)
In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of
Answers (1)
High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of unskilled labor.
Answers (1)
How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?
Answers (1)