An externality is an unintended side effect that benefits or harms a third party not involved in the activity. Please select the

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myrzilka [38]

2 years ago

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An externality is an unintended side effect that benefits or harms a third party not involved in the activity. Please select the

best answer from the choices provided T F

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1 answer:

kotegsom [21] · Answer 1 · 2022-05-26T20:38:45+03:00

Answer: TRUE

<span>"Externality" is the term which is used to describe an unintended side effect that affects a third party that had no involvement in the activity that caused the side effect. The side effect is called a positive externality if it benefits the third party, while it is called a negative externality if it is harmful to the third party.</span>