The increase in cost of food, fuel and fertilizers in countries due to production of weapons in the war between Russia & Ukraine results in…
CA Foundation · Business Economics · MTP · September 2024
The increase in cost of food, fuel and fertilizers in countries due to production of weapons in the war between Russia & Ukraine results in which type of externality?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. Negative Production Externality
Topics: Public Finance
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