Question

A benefit conferred on others without compensation is known as:

Answer 1

A benefit conferred on.others without compensation known as. external benefit

Answer 2

Answer:

A benefit conferred on.others without compensation known as. external benefit.

An external benefit or positive externality is an advantage that an exchange or action gives to a gathering that isn't a piece of the exchange or movement.

As it were, it is an advantage given to a gathering that can't control whether the exchange or movement happens.

The corresponding thought is that of outer expense or negative externality.

The social advantage of a movement is generally characterized as the aggregate of the private advantage (i.e., the complete advantage to those taking an interest in the action) and the outer advantage.