In economics, the term ---------- refers to activities of individuals (or firms) that affect other non-involved individuals (or firms). For example, when firms engage in the production of goods in their manufacturing plants, hazardous gases may be released into the atmosphere, thus leaving the society having to bear the brunt of additional medical costs. Similarly, with respect to the issue of second hand smoke, smokers harm not only themselves, but also non-smokers who breathe their smoke second hand, when they smoke inside poorly ventilated buildings. Group of answer choices Agency theory. Externalities. Corporate social responsibility. Sustainability. Transparency