An "Externality" Occurs When

question 7

Multiple Choice

An "externality" occurs when

• A) environmentalists protest.
• B) pollution is controlled by bringing in outside people and technology.
• C) a firm imposes unwanted costs on others.
• D) the economy is weak.

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Definitions:

Keystroke

An act of pressing a key on a keyboard, which can refer to the movement itself or the data generated by such an action.

Big Data

Sets of digitally collected data, usually collected from a variety of sources that produce a high velocity of ongoing data streams, which are so vast that traditional approaches to processing and analyzing them are inadequate.

Analytics

Computerized techniques to uncover and interpret meaningful patterns in big data.

Control Costs

Strategies and practices aimed at minimizing expenses and managing budget in business operations.