Which of the Following Is NOT an Example of an Externality

question 33

Multiple Choice

Which of the following is NOT an example of an externality?

• A) exhaust fumes from cars
• B) a lack of competition in the market
• C) your enjoyment of your neighbour's beautiful garden
• D) individuals paying for child immunisation

---

Definitions:

Firm Identity

The unique characteristics, values, and beliefs that define a business and distinguish it from its competitors.

Diverse Array

A wide and varied selection of items, people, or concepts differing in many aspects.

Identity Search

The process of exploring and questioning oneself to establish a distinct sense of self.

Moratorium

A period of delay or suspension of an activity or a law. In psychology, it often refers to a time during adolescence when adult responsibilities are postponed as the individual explores various commitments.