Multiple Choice
An externality is:
A) always a benefit to the recipient.
B) always a detriment to the recipient.
C) an activity that occurs in a business which is unknown to management.
D) an unintended benefit or cost imposed on third parties as a result of economic activity.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q23: Market failure because of negative externality results
Q24: If the market supply decreases and, simultaneously,
Q25: Which of the following is not a
Q26: A public good such as free clean
Q27: An increase in the price of plastic
Q30: A minimum wage results in:<br>A) market equilibrium.<br>B)
Q31: Which of the following is an example
Q32: Which of the following is a property
Q33: Which of the following statements is not
Q223: Which of the following are not methods