An externality is the:
A) secondary effect of an action.
B) unintended consequence of an action.
C) effect of an action on people or things that were not involved in the action.
D) unknown consequence of an action on people or things who were primary parties in the action.

Question

Quizplus · Accepted Answer

An externality refers to the impact of an action on individuals or entities that were not directly involved in the action, often without compensation for the effects experienced.

An Externality Is The