Question: An externality can best be described as: something that should not be considered in the capital budgeting process. something that always represents a negative impact
An externality can best be described as:
| something that should not be considered in the capital budgeting process. |
| something that always represents a negative impact |
| an example of opportunity costs |
| an impact, positive or negative, that a new project would have on existing projects |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
