Question
Select the negative externality from the list of examples below. The time spent away from family due to your job. A bystander getting hit by a stray chair resulting from a barfight. The money you receive from going to work. The money it costs to go to school.
Ask by Stanley Malone. in the United States
Feb 27,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
A bystander getting hit by a stray chair during a barfight is a negative externality.
Solution
To identify the negative externality from the provided examples, let's analyze each option:
1. **The time spent away from family due to your job.** - This represents a personal cost but is not an externality affecting others.
2. **A bystander getting hit by a stray chair resulting from a barfight.** - This is a clear negative externality, as it involves harm to an innocent third party due to the actions of others.
3. **The money you receive from going to work.** - This is a benefit received by the individual and does not represent an externality.
4. **The money it costs to go to school.** - This is a personal expense and does not affect others negatively.
Based on this analysis, the negative externality is:
**A bystander getting hit by a stray chair resulting from a barfight.**
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Simplify this solution Mind Expander
Imagine you're throwing a wild party, and your neighbors have to deal with the noise and chaos. That’s a negative externality! In the situation provided, the bystander getting hit by a stray chair due to a barfight is an example because it represents the unintended harmful effect on someone not involved in the bar's activities. Negative externalities can really be a bummer for innocent bystanders who bear the consequences of someone else’s actions. It's like when a careless driver causes a traffic jam—those stuck in the jam are facing the fallout from someone else's poor choices! Always important to think about how our actions can spill over and impact others.
