External benefits in consumption refer to benefits accruing to
A)those who are selling the product to the consumers.
B)those who bought and consumed the product.
C)those other than the ones who consumed the product.
D)those who are consuming the product abroad.

Question

Quizplus · Accepted Answer

External benefits in consumption, also known as positive externalities, refer to benefits that accrue to individuals or groups who are not the direct consumers of a product or service. These are benefits experienced by third parties who did not purchase or consume the product themselves.

External Benefits in Consumption Refer to Benefits Accruing to