During the production of a good, pollution is emitted that affects people who are neither producers nor buyers of the good. The term for the impact of the pollution on these people is:
A) externality.
B) exploitation.
C) intrusion.
D) outside impact.
Correct Answer:
Verified
Q1: An externality is defined as:
A)the effect of
Q2: A side effect of an activity that
Q4: Marjean walks to work every day along
Q5: When an activity has a side effect
Q6: A negative externality is:
A)a side effect of
Q7: When a market transaction has a beneficial
Q8: Which of the following illustrates a positive
Q9: Which of the following is an example
Q10: Why are externalities considered a cause of
Q11: Externalities tend to occur because decision makers
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