Question

A negative externality arises when a person engages in an activity that has Group of answer choices an adverse effect on a bystander who is not compensated by the person who causes the effect. a beneficial effect on a bystander who does not pay the person who causes the effect. a beneficial effect on a bystander who pays the person who causes the effect. an adverse effect on a bystander who is compensated by the person who causes the effect.

Name: a negative externality arises when a person engages in an activity that has group of answer choices an adverse effect on a bystander who is not compensated by the person who causes the effec 22954
Uploaded: 2023-08-07T04:09:37-08:00
Duration: 51 s
Channel: Nick Johnson
Description: a negative externality arises when a person engages in an activity that has group of answer choices an adverse effect on a bystander who is not compensated by the person who causes the effec 22954

          A negative externality arises when a person engages in an activity that has
Group of answer choices
an adverse effect on a bystander who is not compensated by the person who causes the effect.
a beneficial effect on a bystander who does not pay the person who causes the effect.
a beneficial effect on a bystander who pays the person who causes the effect.
an adverse effect on a bystander who is compensated by the person who causes the effect.

Added by Guillermo H.

Psychology Openstax

Rosie M. Spielman 1st Edition

Instant Answer

Solved by Expert Nick Johnson

08/07/2023

Step 1

Step 1: A negative externality occurs when the consumption or production of a good or service imposes a cost on a third party, who is not compensated for that cost. Show more…

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A negative externality arises when a person engages in an activity that has Group of answer choices an adverse effect on a bystander who is not compensated by the person who causes the effect. a beneficial effect on a bystander who does not pay the person who causes the effect. a beneficial effect on a bystander who pays the person who causes the effect. an adverse effect on a bystander who is compensated by the person who causes the effect.