A Negative Externality

question 375

Multiple Choice

A negative externality

• A)is a cost to a bystander.
• B)is a cost to the buyer.
• C)is a cost to the seller.
• D)exists with all market transactions.

---

Definitions:

Hierarchically Organized Group

Hierarchically organized groups have a clear structure with different levels of authority or status, guiding decision-making processes and roles within the group.

Communications

The process of creating, sending, receiving, and interpreting messages through verbal, non-verbal, written, and electronic means.

Dissatisfaction

The feeling of unhappiness or discontent resulting from unmet expectations or needs.

Social Network

A structure made up of individuals or organizations that are connected by one or more specific types of interdependency, such as friendship, kinship, common interest, or relationships based on data exchange.