An Externality Is

Multiple Choice

An externality is

A) the benefit that accrues to the buyer in a market.
B) the cost that accrues to the seller in a market.
C) the unanticipated effect on a business of a decision that it makes
D) the compensation paid to a firm's external consultants.
E) the uncompensated impact of one person's actions on the well-being of a bystander.