An Externality Is

question 111

Multiple Choice

An externality is

• A)an additional cost imposed by the government on producers.
• B)an additional gain received by consumers from decisions made by the government.
• C)a cost or a benefit from an action that falls on someone other than the person or firm choosing the action.
• D)a marginal social cost.
• E)the additional amount consumers have to pay to consume an additional amount of a good or service.

---

Definitions:

Unsaturated Zone

The layer of the earth's crust above the water table where the pore spaces are not fully filled with water.

Pore Spaces

Voids or gaps within a material or rock, often filled with fluid or gas, influencing the material's properties.

Groundwater Move

The process by which groundwater travels through the pore spaces or fractures in soil and rock formations.

Centimeters Per Day

A unit of measurement indicating the rate of change or movement per day, often used in contexts such as the growth rate of plants or the speed of glacier movement.