Question:
Which of the following term refers to the benefits (or harms), a firm or an individual causes to another for which they are not paid (or penalised)?
Which of the following term refers to the benefits (or harms), a firm or an individual causes to another for which they are not paid (or penalised)?
Updated On: May 21, 2024
- Welfare
- Transfer
- Non-Monetary Exchanges
- Externalities
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The Correct Option is D
Solution and Explanation
The correct option is (D) :Externalities.
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