The existence of an externality is proof that there is a(n): a. ...

[DelorasTo]

The existence of an externality is proof that there is a(n):
 a. market failure.
  b. undervaluation of a good.
  c. undervaluation of a cost.
  d. property dispute.
  e. free-rider problem

Question 2

Externalities get their name from the fact that they are:
 a. b and d.
  b. unintended.
  c. short lived.
  d. outside of decisions.
  e. outside of marketplace.

[jharrington11]

Answer to Question 1

a

Answer to Question 2

d

[DelorasTo]

Excellent

[AngeliqueG]

Thanks for the timely response, appreciate it