A _____ occurs when someone who is not involved in a transaction benefits from it.
A) government failure
B) market failure
C) government externality
D) positive externality

Question

Quizplus · Accepted Answer

A positive externality occurs when a third party not directly involved in a transaction benefits from it without participating in the transaction or incurring any cost.

A _____ Occurs When Someone Who Is Not Involved in a Transaction