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Author Question: Externalities are the unintended negative (or in some cases positive) consequences that an economic ... (Read 82 times)

Zulu123

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Externalities are the unintended negative (or in some cases positive) consequences that an economic transaction
  between two parties can have on some third party.


 
 

a. True
  b. False



Question 2

According to Keith Davis, in addition to considering potential profitability, a business must weigh the long-range
  social costs of its activities as well. Only if the overall benefit to society is positive should business act.


 
 

a. True
  b. False




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millet

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Answer to Question 1

True

Answer to Question 2

True




Zulu123

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Reply 2 on: Jun 19, 2018
Thanks for the timely response, appreciate it


amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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