Prices are NOT externalities for each of the following reasons EXCEPT that: a,prices are the focus of

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Prices are NOT externalities for each of the following reasons EXCEPT that:

a,prices are the focus of decision making, not the side effect of decisions.

b,prices redistribute costs and benefits but do not affect the total value of them.

c,if a price rises, future buyers will face the higher price.

d,prices induce people to buy more or less and therefore are a factor in their decision making.

Related Book For answer-question

Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Posted Date: Feb 17, 2024 08:11 AM

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Prices are NOT externalities for each of the following reasons EXCEPT that: a,prices are the focus of

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Principles of Auditing and Other Assurance Services

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