An Externality Can Be a Cost or Benefit Arising from the Production

question 408

Multiple Choice

An externality can be a cost or benefit arising from the production of a good that falls upon

• A) consumers but not producers.
• B) producers but not consumers.
• C) both the consumer and the producer.
• D) someone other than the consumer or producer.

---

Definitions:

Repetitive Strain Injury

Damage to the musculoskeletal and nervous systems that can occur from repetitive activities, forceful efforts, vibrations, mechanical pressure, or continuous or uncomfortable postures.

Technology Addiction

A behavioral disorder characterized by excessive use of technology, leading to significant impairment in daily life.

Financial Information

Data and facts related to the monetary aspects of an organization or individual, including revenue, expenses, assets, and liabilities.

Thieves

Individuals who unlawfully take property or belongings from others.