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Question 41 (1 point) An externality occurs when: (a) A good or service, like a sports team, is both non-rival and non-excludable. (b) A party
Question 41 (1 point) An externality occurs when: (a) A good or service, like a sports team, is both non-rival and non-excludable. (b) A party not directly involved in a transaction receives unintended benefits or bears unintended costs. O c) A sports franchise reaches a level of financial success over and above the city's stated objectives. ( d) The government forces citizens to pay an extra amount to have a good or service
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