Private benefits are those benefits that accrue:

A. without compensation to someone other than the person who caused them.
B. indirectly to the decision maker of a market exchange.
C. directly to the decision maker of a market exchange.
D. to third parties without direct government intervention.

Answer: C

Economics

You might also like to view...

In a command economy, the ultimate decision about what to produce is left to

A) buyers. B) the government. C) sellers. D) households.

Economics

In the long run, a factory is usually considered a fixed input

a. True b. False Indicate whether the statement is true or false

Economics