________ is a cost or benefit resulting from some activity or transaction that is imposed or bestowed on parties outside the activity or transaction.
A) An externality
B) Marginality
C) Utility
D) A provisional injunction

Question

Quizplus · Accepted Answer

An externality is a cost or benefit that affects a party who did not choose to incur that cost or benefit. It occurs when the actions of individuals or businesses have effects on third parties that are not reflected in market prices.

________ Is a Cost or Benefit Resulting from Some Activity