Which of the Following Is an Example of an Externality

question 55

Multiple Choice

Which of the following is an example of an externality?

• A)A paper mill dumps waste into the river.
• B)A neighbor's loud music disrupts sleep.
• C)A drunk driver causes an accident that injures another person.
• D)All of the above are correct.

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Definitions:

Affective Commitment

The emotional attachment an employee feels towards their organization, which influences their willingness to remain part of it.

Pay System

The methods and principles employed by an organization to compensate its employees, including salaries, bonuses, and benefits.

Job Dissatisfaction

A negative emotional response towards one's job due to an unmet expectation or negative aspect of the work environment.

Exit-Voice-Loyalty-Neglect

A framework describing the options employees may pursue in expressing dissatisfaction with their organization, including leaving, speaking up, remaining loyal, or reducing effort.