Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / In economics, "externalities" (or "negative externalities") are: a

In economics, "externalities" (or "negative externalities") are: a

Marketing

In economics, "externalities" (or "negative externalities") are:

a. Activities of stakeholders that occur outside of the corporation proper

b. Activities directed at the market and not internally

c. Environmental costs paid by the corporation that produces such costs

d. None of the above

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

d. None of the above

A negative externality occurs when the activities of a given firm impose an extra cost to the third parties such as the neighboring communities. Examples of such costs are maybe the emergence of diseases leading to increased cost of medication upon the third parties as a result of the emission of poisonous gases in the air by a given firm.