A negative externality is:
A) a side effect of an activity when the side effect harms bystanders.
B) a reduction in demand that occurs when agents outside a market influence market participants.
C) a change from a positive relationship between two variables to an inverse relationship.
D) an unintended consequence of an action that harms the decision maker.
Correct Answer:
Verified
Q1: An externality is defined as:
A)the effect of
Q2: A side effect of an activity that
Q3: During the production of a good, pollution
Q4: Marjean walks to work every day along
Q5: When an activity has a side effect
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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