A Negative Externality

question 375

Multiple Choice

A negative externality

• A)is a cost to a bystander.
• B)is a cost to the buyer.
• C)is a cost to the seller.
• D)exists with all market transactions.

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Definitions:

Type of Emotion

Categories or classifications of emotions that describe the variety of human feelings, such as happiness, sadness, anger, fear, and love.

Stress

A physical or emotional response to events that cause bodily or mental tension.

General Adaptation Syndrome

A three-stage response that describes the physiological changes the body goes through under stress: alarm, resistance, and exhaustion.

Defence Mechanisms

Psychological strategies brought into play by individuals, organizations, or systems to manage thoughts, feelings, or actions that are deemed unacceptable or threatening.