Negative Externalities Occur When One Person's Actions

question 138

Multiple Choice

Negative externalities occur when one person's actions:

• A)cause another person to lose money in a stock-market transaction.
• B)cause his or her employer to lose business.
• C)adversely affect the wellbeing of a bystander (or bystanders) who is (are) not party to a market exchange.
• D)reveal his or her preference for foreign produced goods.

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Definitions:

Chicago 1920s

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A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, known for its rich history, cultural diversity, and economic influence.

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A continent entirely within the Northern Hemisphere and almost entirely within the Western Hemisphere; it includes countries like the United States and Canada.