Multiple Choice
Which of the following occurs if there is a quality-of-life innovation?
A) Positive externalities are reduced, or negative externalities are increased.
B) Positive externalities are increased, or negative externalities are reduced.
C) New goods or services are created, allowing people to do things that they could not do before.
D) More of the same products can be produced at lower cost.
Correct Answer:

Verified
Correct Answer:
Verified
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