An externality takes place when an action which is being conducted attending an individual interest, has an effect on other third parties (this effect can be either positive or negative).
Improving the appearance of the property is considered a good externality, as it supposes an upgrade for the area in which is embodied. An improved property enhances its market value but also the market values of the surrounding properties of the neighbours.
Answer: C. Secret illegal behavior by the employer
Explanation: Whistle blowing simply means exposing an illicit act which is been carried out secretly within an organization. A whistle blower is an individual who exposes an illegal, illicit or act of wrongdoing being secretly perpetrated by officials within a public or private organization. Secretive acts of wrongdoing could range from fraud, money laundering, violation of organizational rules and policies, leakage of classified information and acts which could threaten national security.
Answer:
B) Making the fundamental attribution error.
