Externalities Are

question 6

Multiple Choice

Externalities are

• A)side effects passed on to a party other than the buyers and sellers in the market.
• B)side effects of government intervention in markets.
• C)external forces that cause the price of a good to be higher than it otherwise would be.
• D)external forces that help establish equilibrium price.

---

Definitions:

Satisfaction

The feeling of pleasure or fulfillment that comes from achieving or receiving something desired or expected.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interests and potentially influencing the company's decisions.

Technical Expertise

The specialized knowledge or skills in a specific field or technology, enabling individuals to perform complex tasks or solve technical problems effectively.

Special

Refers to something that is distinguished or different from the norm, often implying uniqueness or exceptional quality.