A Sudden Drop in the Average Consumer Income Would Be

question 85

Multiple Choice

A sudden drop in the average consumer income would be an example of which environmental force?

• A) economic
• B) competitive
• C) technological
• D) social
• E) regulatory

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Definitions:

Pollutants

Substances that contaminate the environment, causing harm to ecosystems and human health, including chemicals, noise, and waste products.

Stock Externality

Accumulated result of action by a producer or consumer which, though not accounted for in the market price, affects other producers or consumers.

Negative Externality

A situation where the production or consumption of a good or service imposes a cost on third parties not directly involved in the transaction.

Noise Pollution

Unwanted or harmful outdoor sound, including industrial, transportation, and recreational noises, that can disrupt daily life and harm health.