An external economy occurs whenever a(n) :
A) action taken by a firm or individual results in uncompensated benefits to others.
B) action taken by a firm or individual results in compensated benefits to others.
C) action taken by a firm or individual results in compensated costs to others.
D) firm trains workers in a highly specialized, firm-specific skill.
E) action taken by a firm or individual results in uncompensated costs to others.
Correct Answer:
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A)
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A)
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Q33: If an activity produces an external economy,then
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