Which of the Following Is a Negative Externality

question 22

Multiple Choice

Which of the following is a negative externality?

• A) high prices for necessities such as drinking water in the aftermath of a natural disaster
• B) the risks to nonsmokers from second-hand smoke
• C) the increased risk of a traffic accident to an individual who uses a cell phone while driving
• D) unemployment in the steel industry caused by low prices of imported (external) steel

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Definitions:

Collector

An individual who accumulates items of a specific type, such as art, books, coins, or memorabilia, often for personal interest, prestige, or investment.

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A conceptual framework defining pairs of related terms or concepts that are opposite in meaning, often used in structuralist and post-structuralist theories.

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Consumer goods designed to enhance or alter an individual's appearance, including makeup, skincare, and hair care products.

Marketers

Professionals who are involved in the promotion and selling of products or services, including market research and advertising.