Which of the Following Is Not an Example of an Externality

question 118

Multiple Choice

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

• A)Drunk drivers raise everyone's auto insurance premiums.
• B)The price of lumber increases as lumberjacks' wages increase.
• C)The neighbour's beautiful front yard increases your home value.
• D)Someone drives a car that emits thick black smoke.
• E)People who live near a bakery enjoy the smell of baked bread.

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Definitions:

Strategic HR Planning

The process of aligning human resource management strategies with the overall goals and objectives of an organization to ensure future success.

Holistic Approach

A comprehensive method that considers all aspects, factors, and connections of a system or problem rather than focusing on individual parts.

Mission Statement

A formal summary of the aims and values of a company, organization, or individual.

Turnover

The rate at which employees leave a workforce and are replaced.