Which of the Following Is NOT an Example of an Externality

question 55

Multiple Choice

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

• A)The development of a vaccine for preventing SARS.
• B)Gas prices that rise in the summer due to increased vacation travel.
• C)Shipbreaking that industrial nations have exported to less developed countries.
• D)A factory that dumps dangerous chemicals into Lake Erie.

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Definitions:

Performance Problem

A performance problem occurs when an employee's work output or behavior fails to meet an organization's standards or expectations.

Human Resource Manager

A professional responsible for overseeing workforce management, including recruitment, training, performance management, and employee relations within an organization.

Performance Standards

Established criteria against which an employee's work behavior and outputs are measured.

Unjust Dismissal

Termination of an employee's contract or employment without fair reason or without following due legal or contractual process.