What do the decisions of buyers and sellers that affect people who are not participants in the market create
A)market power
B)externalities
C)profiteering
D)a black market

Question

Quizplus · Accepted Answer

The decisions of buyers and sellers can create externalities, which are the spillover effects on people who are not involved in the market transaction. Externalities can be positive, such as when a new business opens and creates jobs for the community, or negative, such as when a factory pollutes nearby water sources. Externalities can have significant impacts on society, and they are often not accounted for in market transactions.

What Do the Decisions of Buyers and Sellers That Affect