A third party is: a. the party to which a contractual agreement ...

[RODY.ELKHALIL]

A third party is:
 a. the party to which a contractual agreement is meant to benefit.
  b. a person, or persons, who are unintentionally affected by a market transaction.
  c. the third person in a three-way contract.
  d. the person who owns the property right in a contract.
  e. when the government attempts to mediate a dispute between management and labor.

Question 2

A good that provides external benefits to society has:
 a. too few resources devoted to its production.
  b. too many resources devoted to its production.
  c. the optimal resources devoted to its production.
  d. not provided profits to producers of the good.

[nital]

Answer to Question 1

b

Answer to Question 2

a

[RODY.ELKHALIL]

Thank you

[nital]

No problemo